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InsideArbitrage Potential Deal Alert: Boston Beer (SAM) in Talks to Sell Itself to Jim Beam Owner Suntory

  • June 1, 2024

POTENTIAL DEAL DETAILS

StockBoston Beer Co., Inc.SymbolSAM
Date Announced05/31/2024Source WSJ
TypeNews Report

According to WSJ, Japanese whisky maker Suntory is in talks to acquire Boston Beer (SAM), the American brewer known for its Samuel Adams brand.

Suntory Investor Relations

Boston Beer Co Investor Relations

Update(s):

May 31, 2024: The Boston Beer Company (SAM) declined to comment on rumors about the company’s potential sale to Suntory.

June 4, 2024: According to WSJ, Cannabis producer Green Thumb Industries has expressed interest in merging with Boston Beer (SAM), the maker of Sam Adams lager. Green Thumb Chief Executive Ben Kovler sent a letter to Boston Beer founder and Chairman Jim Koch on Sunday seeking to discuss a potential combination.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.