The beer anyway, the one formerly known as Budweiser (Ticker: BUD), after RBS Capital Markets downgraded AB InBev to Underperform on Wednesday. Seems they don’t see the SABMiller deal doing all that much for AB InBev. Though perhaps while they’re both focused on this deal they will leave the craft beer brewers alone for a while. While the news dropped Bud’s US shares to $128.07 (a mere .39% decline for the day) they are only down 3.6% from their 52-week high, and they have climbed 5.5% from the post-Brexit low on June 27.
This is the post excerpt.
Two and a half years later, Gin & Bitters is back. After upheaval in the day job and a cross country move, I am getting back to looking at the business end of cocktails and craft beers, as well as where to drink them and how make some interesting ones at home.