- Boston Beer (SAM -1.4%) founder Jim Koch made a striking statement today in front of a Senate committee by saying he thinks he will be the last American owner of the company due to the high level of taxes it pays out.
- Koch says he's taken calls from investment bankers pitching a tax inversion move.
- Boston Beer's low market share (~1%) makes it a viable candidate for a large foreign-based brewer. Anheuser-Busch InBev (NYSE:BUD) and SABMiller (OTCPK:SBMRY) come to mind.
- Boston Beer reported Q2 results yesterday,
- Previously: Boston Beer beats by $0.26, revenue in-line (Jul. 30 2015)
Boston Beer founder hints at sale
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Symbol | Last Price | % Chg |
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SAM | - | - |
The Boston Beer Company, Inc. |