What Its Craft Beer Alliance Acquisition Means for Anheuser-Busch InBev [The Motley Fool]
CRAFT BREW ALLIANCE (BREW)
Last craft brew alliance earnings: 3/11 04:01 pm
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Source: The Motley Fool
What Its Craft Beer Alliance Acquisition Means for Anheuser-Busch InBev It's been a busy few months for Anheuser-Busch InBev ( NYSE:BUD Now, the Budweiser-owner is making another major move, taking over Craft Brew Alliance NASDAQ:BREW The two companies had already been partners, and AB InBev owned .% of the craft beer distributor, but the companies announced Tuesday morning that AB InBev would buy out the remainder of Craft Brew Alliance for $.0 per share, more than double Monday's closing price, but less than the acquisition price stipulated in a previous agreement. However, the stock was trading above $.0 earlier this year, so it's not as big of a win for CBA investors as it might seem. Image source: AB InBev. What AB InBev is buying Valued at $ million under the deal, CBA holds a slew of craft beer brands that AB InBev will now take full control of, including Kona, Appalachian Mountain, Cisco, Omission, Redhook, Square Mile Cider, Widmer Brothers, and Wynwood. AB InBev was already
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