Boston Beer and Dogfish Head Merger Worth $300M

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 13th 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!