Replies to post #27162 on Drinks Americas Holdings, Ltd. (DKAM)

[sneaky_peaky]

No, but it shows us a couple of things. That Absolut Vodka buyout commanded a major premium at $8 billion. Plus, it's the second such one of these in exactly a month where officials are forcing big conglomerates to divest portions of their business in order for big mergers to go through. That makes very good selling brands available at fire sale prices.

[LOL]

"Finally, a question that has been asked repeatedly relates to new products or acquisitions beyond what we have disclosed. The following can be said. Drinks Americas has a distribution and management infrastructure and has already proven to have access to venture capital when needed. There are a variety of single brand owners and strategic brand owners with non core brands that over time may make sense for Drinks to review as opportunities to scale its own growth. In addition, there is the tendency of Global Brand companies to divest of significant brands to focus on their core portfolios in this type of economy. We think the strength of Drinks is to be able to grow as a Company and, in the near or long term, be prepared to take advantage of one or more of these situations should they arise.", from the shareholder letter.