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Boston Beer founder hints at sale

  • 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)

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The Boston Beer Company, Inc.