New Belgium Was Interested In Purchasing Elysian Before Anheuser-Busch

imageFrom The Denver Post:

Elysian head-brewer and co-founder Dick Cantwell, who announced his resignation from the company on the eve of last month’s Craft Brewers Conference in Portland, Elysian co-founder Joe Bisacca and New Belgium president Kim Jordan all confirmed the discussions.

But the parties disagree on some key details and have different perspectives on whether the proposed marriage of craft-beer heavyweights ever was given a fair shot.

Late in the AB discussions, Elysian’s board held an emergency meeting and voted to give the New Belgium possibility some time to develop, Cantwell said. But according to Cantwell, no reasonable time was given in the end and the A-B deal was struck over his objections without New Belgium getting a shot to make a concrete offer.

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