Samuel Adams maker, Boston Beer Co. Inc. is merging with beloved Delaware-based Dogfish Head Brewery in a $300 million cash and stock deal.  According to the Brewer’s Association, Boston Beer is the second-largest craft beer maker and Dogfish head the 13^th largest. Dogfish Head co-founders Sam and Mariah Calagione will receive around 406,000 shares of Boston Beer stock (NYSE: SAM) which is valued at $314.60 per share.  This makes Sam and Mariah the largest non-institutional shareholders of the company right behind Boston Beer’s founder, Jim Koch. Existing Dogfish Head shareholders will receive $173 million in cash!

Jim Koch spoke to the press about how “This combination is the right fit as both Boston Beer and Dogfish Head have a passion for brewing and innovation, we share the same values and we will learn a lot from each other as we continue to invest in the high-end beer category.”

Together, Boston Beer and Dogfish Head plan on creating a powerful platform for craft beer using their leading position in the beer market, and their innovation, leadership, and quality.  To all of the Dogfish lovers out there, this news may be a little upsetting.  Does Boston Beer withhold the standards of Dogfish’s quality, flavor, and innovation?  I don’t think so.  But, only the future will tell.

Cheers to beer,

Danyelle