Boston Beer In Talks To Sell: What Investors Need To Know
Boston Beer Company, owner of Samuel Adams and Truly Hard Seltzer, is in talks to sell itself to a larger spirits company, potentially valued at a premium to its current market capitalization. The potential acquisition by Suntory, owner of Jim Beam, could be a significant change for the well-known beer stock. Boston Beer shares surged on the news, with founder Jim Koch’s approval necessary for any deal to proceed.
Boston Beer Company Expands Distribution of Slingers Signature Cocktails
Boston Beer Company is making moves to expand the distribution of its Slingers Signature Cocktails, a line of high-ABV, malt-based, ready-to-drink canned cocktails (RTDs). Since its launch in April 2023 in three markets, the 8% ABV RTDs have gained popularity,…