Skip to Content

Craft Brew Alliance, Inc. (NASDAQ: BREW)

Merger

  • Date:
  • 11/12/2019
  • Company Name:
  • Craft Brew Alliance, Inc.
  • Stock Symbol:
  • BREW
  • Company Name - Buyer:
  • Anheuser-Busch InBev SA/NV
  • Status:
  • Investigating
  • Merger Announcement Date:
  • 11/11/2019

Case Finder

Locate any case using the tools below.

NEW YORK, November 12, 2019 – Bragar Eagel & Squire, P.C., a nationally recognized stockholder law firm, has launched an investigation into whether the board members of Craft Brew Alliance, Inc. (NASDAQ: BREW) breached their fiduciary duties or violated the federal securities laws in connection with the company’s proposed sale to Anheuser-Busch InBev SA/NV.

On November 11, 2019, Craft Brew announced that it had signed an agreement to be acquired by Anheuser-Busch for $16.50 per share in cash, or a total of about $321 million. The deal is scheduled to close in 2020. Bragar Eagel & Squire is concerned that Craft Brew’s board of directors oversaw an unfair process and ultimately agreed to an inadequate deal price. Indeed, Craft Brew’s shares have recently traded for well above the $16.50 deal price. Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for Craft Brew stockholders.
The individual or institution below (“Plaintiff”) has reviewed and agrees to the Bragar Eagel & Squire, P.C. (“BESPC”) retainer agreement and authorizes BESPC to prosecute an action on Plaintiff’s behalf under the federal securities laws or applicable state laws to recover damages on behalf of investors in Craft Brew Alliance. BESPC will prosecute the action on a full contingency basis and will forward all costs and expenses.
 

Case Finder

Locate any case using the tools below.

You may share a link to this page on any of the sites listed below or send link via email: