Reported 4 months ago
Boston Beer Company, the owner of Sam Adams, is rumored to be in discussions to sell to Japanese whiskey maker Suntory, as per the Wall Street Journal. This potential acquisition has caused a surge in Boston Beer's stock. The company also produces other alcoholic beverages such as Truly Hard Seltzer and Twisted Tea. The talks are characterized as early-stage, with no concrete details on pricing or finalization of the deal mentioned. This move could provide Suntory with a stronger presence in the United States market.
Source: YAHOO