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Re: MrT11 post# 459

Wednesday, 09/16/2015 2:06:11 PM

Wednesday, September 16, 2015 2:06:11 PM

Post# of 777
GLGI is definitely preparing for new customers and I do believe they are working with AB in some way. I just don't know that a potential business combination announced today would have any impact on GLGI operations in the near term. I would think if they were going to commonize operations as part of a merger that would happen in the year or two following the merger close.

But what do I know. Maybe AB has been preparing for this buyout and their whole pursuit of GLGI pallets was for this reason. Maybe they want to start producing/shipping miller products from AB breweries and vice versa so they need to commonize the whole logistics operations and they want to do it all ASAP. In that case perhaps AB will buy up miller and push quickly to convert over to GLGI pallets. It would take years to fully convert over to GLGI pallets from Rehrig so they can't expect it to get done overnight.

I wonder how long this AB and miller buyout process will take

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