Craft Brewers Crowdfund To Buy Anheuser Busch

For years the craft brewers in the US have been battling Anheuser Busch.

And AB has been fighting back, sometimes on the edges of the law, like when they told their distributors not to carry craft beers.

Now, the craft Brewers Association has started a crowdfunding campaign to raise $2.13 Billion to buy AB (and shut them down?).

As their site says, it will only take “$653.37 from every US resident.”  And $2.3 million has been pledged so far.

No money is being collected now and all pledges get some swag. AB says it can take a joke, but it’s not clear that the campaign is one.

http://www.dailycamera.com/boulder-business/ci_31382646/quixotic-quest-craft-beer-fanatics-raise-1-9m

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About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at: http://www.linkedin.com/pub/jeffrey-a-koeppel/0/63/5a9
This entry was posted in accredited investor, Broker dealers, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, SEC, technology, VC, Venture Capital, Wall Street and tagged , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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