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Chairman and CEO of beer distributor reportedly buys St. Louis Blues for $185 million

Stillman, who became a minority owner in March 2007, is chairman and CEO of Summit Distributing, a St. Louis-based beer distributor. He has built a group of local investors that includes his father-in-law, former U.S. Sen. John Danforth; Steve Maritz, CEO of Maritz Inc.; Donn Lux, CEO of Luxco; the Taylor family, owners of St. Louis-based Enterprise Holdings; and Dr. Rick Lehman.

The Post-Dispatch reported several months ago that former Blues player Brett Hull has also inquired about joining Stillman’s investment group. A source indicated recently that Hull is "still talking" with the group.

Forbes is reporting that it is a $185 million deal. Summit Distributing carries primarily MillerCoors brands.

via St. Louis Post-Dispatch.

 

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