Japanese whisky-maker Suntory is in early talks to acquire Boston Beer, the American brewer known for its Samuel Adams lager, according to sources cited by the Wall Street Journal. Boston Beer, trading under the ticker $SAM, saw its stock halted due to volatility amid the takeover discussions. The company has a market capitalization of around $3 billion. The potential acquisition has led to a 28% increase in Boston Beer's stock price. Suntory, which owns the Jim Beam brand and trades under $STBFY, is exploring this acquisition to expand its portfolio in the American beer market. The reported acquisition price is the same as in 2015, approximately 75% off the 2021 high.
Exclusive: Japanese whisky-maker Suntory is in talks to acquire Boston Beer, the American brewer known for its Samuel Adams lager https://t.co/AvrsPR9EGH https://t.co/AvrsPR9EGH
Boston Beer's stock rockets after WSJ report of talks to sell to Jim Beam parent https://t.co/uJkfMdw3oG
Come for a $TOKE, enjoy a potential $SAM acquisition!
$SAM +28% after Japanese whisky-maker Suntory, $STBFY, is in talks to acquire Boston Beer, the American brewer known for its Samuel Adams lager. -When was the last time you ordered a Sam lager (weddings don't count)? https://t.co/osEJVovPhZ via @WSJ
$SAM, a $TOKE holding! https://t.co/PZEvOMlWVw
congrats to Suntory for apparently buying $SAM for the same price as 2015 and ~75% off the 2021 high https://t.co/IZRtQG7jul
BOSTON BEER IN TALKS FOR SALE TO SUNTORY: WSJ $SAM
*BOSTON BEER IN TALKS FOR SALE TO SUNTORY: WSJ
Wow, had to move fast with $SAM https://t.co/ZQepcRMpdz https://t.co/3HlBO42Cwl
Boston Beer in Talks to Sell to Jim Beam Owner Suntory - WSJ Japanese whisky-maker Suntory is in early discussions to acquire $SAM Boston Beer, the American brewer known for its Samuel Adams brand. Boston Beer has a market capitalization of around $3 billion, and any dealβ¦
SCOOP: Japanese whisky-maker Suntory is in early-stage talks to acquire Boston Beer, the American brewer known for its Samuel Adams lager. $SAM π»π₯ W/ @LCooperReports https://t.co/x3UNlh2BaO via @WSJ
$SAM In Talks To Sell To Suntory - WSJ
Boston Beer Works in Talks for a sale to Suntory $SAM
Japanese whisky-maker Suntory is in talks to acquire Boston Beer, the American brewer known for its Samuel Adams lager https://t.co/hiQf86cBRx
*Japanese Whisky-Maker Suntory in Early Talks to Buy Boston Beer, Sources Say -- WSJ $SAM $TAP
$SAM *BOSTON BEER IN TALKS TO SELL TO SUNTORY: WSJ
$SAM Boston Beer trading halted, volatility trading pause, talks of takeover
Boston Beer $SAM in talks to sell itself to Suntory
Come join us in five minutes. We will have lots to $TOKE about. https://t.co/L4ya29otcd