|Bid||300.00 x 1000|
|Ask||348.26 x 900|
|Day's Range||340.00 - 349.99|
|52 Week Range||230.93 - 353.02|
|Beta (3Y Monthly)||0.75|
|PE Ratio (TTM)||38.32|
|Earnings Date||Jul 24, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||289.18|
Sam Adams maker, Boston Beer Company, acquired craft beer leader Dogfish Head in a $300 million merger. Jim Koch, The Boston Beer Company Chairman and Sam Calagione, Dogfish Head Founder, join Zack Guzman on ‘YFi PM’ to explain why the merger makes sense for both companies and why it was an ‘easy choice’ for Dogfish Head.
Boston Beer Company, the maker of Sam Adams, is buying Dogfish Head brewery in a deal valued at nearly $300M dollars. The founder of Dogfish will receive more than 400,000 shares of Boston Beer Company, while shareholders will get $173M in cash. Yahoo Finance's Brian Sozzi, Dan Howley and Seana Smith discuss.
"On The Move" fills you in on the top trending stories that you need to know. Yahoo Finance's Adam Shapiro, Julie Hyman, Brian Cheung, CFRA Investment Strategist Lindsey Bell and Triton Research Co-Founder & CEO Rett Wallace further discuss.
Bruce Wilpon, the Managing Partner of Mikkeller NYC brewery, talks to Yahoo Finance's Brian Sozzi and Alexis Christoforous about the overall state of the beer industry and his local brewery at New York Mets Citi Field. Wilpon also weighs in on hi hope to partner up with Uber Eats.
Dropbox, AMC Entertainment, Ford, Anheuser-Busch InBev and Boston beer are the companies to watch.
After years of hype, Uber's IPO opened at the low end of its range, and didn't do much more than that.
By acquiring Delaware craft brewer Dogfish Head for $300 million, Boston Beer won more than just growth. Perhaps, it's found a successor.
The top beer stocks have a market cap exceeding $2 billion and are trading on leading American stock exchanges. Here are the top beer stocks of 2018.
Boston Beer (SAM) enters into a merger agreement with Dogfish Head Brewery in a cash and stock deal worth about $300 million.
Boston Beer’s downtown taproom is taking longer than planned, with the company’s top executive saying the space is going to miss its expected summer opening.
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Koch is the founder, chairman and pint-holding face of Boston Beer Co., better known as the maker of Samuel Adams Boston Lager. This week, the company announced a $300 million deal for Dogfish Head Brewery, its largest acquisition in the more than three decades that Boston Beer has been in business. It’s partly an opportunistic move by Koch, as valuations for craft brewers have come down in recent quarters.
Boston Beer Company Inc (NYSE: SAM ), the parent company of Sam Adams, reached an agreement to acquire Dogfish Head Brewery. This could prove to be "trophy material," according to Macquarie Research. ...
Boston Beer news about the company making a deal with Dogfish Head Brewery has SAM stock up on Friday.Source: Phil Dubois via Flickr (Modified)The deal between Boston Beer (NYSE:SAM) and Dogfish Head Brewery will have the two companies merging into a single entity. The deal will have Dogfish Head Brewery cofounders Sam and Mariah Calagione taking 406,000 shares of SAM stock in the deal.Sam and Mariah Calagione taking SAM shares in the deal will have them becoming the second largest non-institutional shareholders in Boston Beer. The only one that will be above them is Boston Beer founder and Chairman Jim Koch.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe Boston Beer new also includes the company paying out $173 million in cash to investors of Dogfish Head Brewery. The company notes that its current cash on hand and line of credit should be enough to fund the transaction.Once the deal is complete, Sam Calagione will be joining Boston Beer's Board of Directors in 2020. Boston Beer will continue to be lead by current CEO Dave Burwick after the merger reaches completion. * 7 Cloud Stocks to Buy on Overcast Days "This combination is the right fit as both Boston Beer and Dogfish Head have a passion for brewing and innovation, we share the same values and we will learn a lot from each other as we continue to invest in the high-end beer category," Koch said in a statement about the Boston Beer news.Boston Beer is getting advice from Nixon Peabody for the deal. Advice for Dogfish Head Brewery is coming from McDermott Will & Emery LLP, and Arlington Capital Advisors.SAM stock was up 2% as of Friday morning. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Cloud Stocks to Buy on Overcast Days * 6 Stable Stocks Worth Buying for Protection * 5 Active Vanguard Funds That You Have to Own As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Boston Beer News: SAM Stock Up on Dogfish Deal appeared first on InvestorPlace.
Dropbox, AMC Entertainment, Ford, Anheuser-Busch InBev and Boston beer are the companies to watch on Friday, May 10, 2019.
It’s the largest acquisition in the history of Boston Beer, which was founded in 1984 and in recent years has added products like Angry Orchard cider, Twisted Tea and spiked seltzer. The rise of brands like Dogfish, started about 23 years ago in Delaware as a tiny craft brewery, have put a dent in the sales of beer-industry leaders like Bud Light and Coors.
Beer investors woke up to a busy Friday morning as Boston Beer Company Inc (NYSE: SAM ) bought rival brewer Dogfish Head and Anheuser Busch Inbev NV (NYSE: BUD ) is reportedly looking to spin its Asian ...
, the maker of Sam Adams beer, Twisted Tea and Angry Orchard cider, has struck a deal to buy Dogfish Head Brewery in a merger valued at roughly $300 million. The combined entity will be led by current Boston Beer CEO Dave Burwick.Dogfish Head CEO Sam Calagione will join Boston Beer's board. The combined company will maintain its status as an independent craft brewery, as defined by the Brewers Association, and be better positioned to compete against the global beer conglomerates within the craft beer category that are 50- and 100-times its size, while still representing less than 2% of beer sold in the U.S., the companies said.
The maker of Sam Adams announce it will merge with Dogfish Head Brewery, in a $300 million cash-and-stock transaction.
Delaware-based craft beer company Dogfish Head Brewery is being acquired by the Boston-based brewer of Sam Adams beer in a $300 million cash and stock deal. The Boston Beer Company announced Thursday that ...