20 August 2008

Sam Adams News

A busy week for Boston Beer Company, and it seems to dominate the beer news.

First, with the buyout of Anheiser-Busch, Sam Adams becomes the largest independent, publicly traded American brewery. How long till InBev sets their sights on it, I wonder?

One of the directors of the company, Jay Margolis, spent $208,125 to buy 5,000 shares of the company’s stock on the open market, according to the SEC. Nice to see a board member believe in his own company's product.

In response, Claymore Advisors LLC sold all 7 of their shares of the company's stock.

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posted by hiikeeba at 08:49

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