Craft Brew Alliance (BREW)

[tedkov]

BTW, I found some very interesting information to support the theory that AB waited on its offer to buy the company after its option expired which resulted in the stock tanking. Once expired they then immediately made the offer saving AB about $100 million.

"As part of an existing commercial pact, which dates back to 2016, AB InBev already distributes a broad range of Craft Brew’s brands through its network of independent wholesalers. Additionally, the deal had an option for AB InBev to buy all stakes in Craft Brew for $22 per share at the end of the first year of the deal, $23.50 at the end of two years and $24.50 at the end of three years.

However, in August 2019, AB InBev exercised its option to not buy the remaining stakes in Craft Brew for a one-time fee of $20 million. This has led to a significant decline in the share price of the latter in the past two months."

suggest all shareholders join in the lawsuit. Here is law firm info I got from one of the press releases 800.511.7037 or [e-mail]