by Greg Guenthner
Daily Reckoning
It’s time for you to go and wet your whistle at your local brewpub. They’re gonna need all the help they can get…
The craft beer industry is taking hit after hit these days.
First, the big boys are encroaching on their turf. Anheuser-Busch InBev is preparing to takeover SABMiller. That’s the biggest brewer on the planet scooping up another giant. Combining these brewers will create a $276 billion company with annual sales of $55 billion. That’s a lot of suds.
And since folks aren’t guzzling Budweiser like they used to back in the day, Big Beer is putting its money to work buying up the craft beer companies looking to cash out. The little guys that are lucky enough to sell out will be fine. But the others might not end up so fortunate…