Popular brewery stops making beer, files Chapter 11 bankruptcy
The beer company will begin making non-alcoholic, ready-to-drink beverages instead of beer.
The beer company will begin making non-alcoholic, ready-to-drink beverages instead of beer.
BELLINGS Intelligence Score: 10
Why it matters
The bankruptcy of a popular brewery and its pivot to non-alcoholic beverages is a routine corporate restructuring event with limited direct impact on credit markets or broader financial professionals.
Sources
TheStreet
Popular brewery stops making beer, files Chapter 11 bankruptcy
The beer company will begin making non-alcoholic, ready-to-drink beverages instead of beer.