RUMOR: Cigar City Brewing May Be The Next AB-InBev Acquisition
(Tampa,FL) – The Full Pint has just learned that Cigar City Brewing of Tampa Florida may be the next craft brewery to be acquired by AB-InBev. This comes to us from three independent, unnamed sources within the industry close to the situation. We reached out to Cigar City Brewing owner Joey Redner, who is often asked this question, and he declined to give a public statement.
This rumor has come and gone since Cigar City Brewing opened their doors in 2009. Not too long ago, Cigar City responded to the ongoing rumors informing the public that they have, and always will entertain a meeting that sheds light on their breweries market value. Similarly, New Belgium Brewing was in the middle of a sale rumors, where they responded that they are obligated to seek company valuation, and this is one approach to doing so.
It’s very painful for us to run these types of stories, but when we get a strong tip like this, we need to share it with the public, but with a disclaimer that until either AB-InBev makes an acquisition announcement, or Cigar City Brewing goes on the record to deny this, this remains a credible rumor. As always, should this rumor turn out not to be true, we will publicly apologize and retract. We are huge fans of Cigar City and have nothing but respect for them.