Boston Beer buys Dogfish Head

[nightfighter]

$300 million.

Good buy?

[Jenn]

Thats a tough one....2018 DF forcasted to produce 300,000 bbls. Lets assume they make $1 profit per 16 oz. beer. They would have to make and sell 1.2 million barrels (or four years production) to make $300 million.

Ok...yeah thats sounds good but not think of your mortgage and your annual salary.....your house is worth 3 or four times your salary but you certainly cant pay it off in 4 years because of your expenses.

I think there is so much competition out there right now that this could be quite risky of a move....or it could be brilliant! What do I know? LOL time will tell!

[rphud]

They have been friends for a long time now. This was to keep DH from being taken over in my opinion. Deep pockets probably not too concerned on the return on investment me thinks.