Right. Sorry if what I said was confusing. I agree that they are separate entities from a legal and financial perspective. What I meant was from a branding perspective, the brewery has some common interest in seeing this acquisition and strategy work. The ice cream company is clearly using the family history to promote itself. The ice cream company also uses substantially similar logos and branding with the brewery. From that perspective, the brewery can't have a company that is so closely associated generating bad press (not that it is currently generating anything negative, but humor me, this is the wild west OTC land). While not substantial, it would have carry over effects to the brewery purely via association. So from that perspective alone, although not direct, there is still a vested interest from Yuengling's brewery to see this succeed and help out to the extent it can. And while they may have no equity, the association alone will be enough for them to open opportunities if things begin to go south.
One other thing I forgot to mention that I thought was interesting was the debt structure of ARSN. I don't have it in front of me currently, but I want to say one of the filings showed SBA debt on the books to help fund this acquisition. If I'm not mistaken, I take this as a very positive sign as SBA debt wouldn't be issued if there weren't real, revenue generating assets to back the debt. Much more conducive for shareholder returns compared with horrible convertibles.
News 
Market Data 
Discover 
AI
