Evan Benn has some breaking news for us this afternoon…the first M&A deal of 2012.
The St. Louis Brewery, maker of Schlafly beer, has reached an agreement with 13 local investors to sell them a majority share of the business. The deal, which is expected to close in several months pending government approval, will transfer 60 percent ownership of the brewery to the investment group.
More over at The St. Louis Post-Dispatch.
Breweries: Saint Louis Brewery (Schlafly)