A-B InBev has been very persistent in its pursuit of craft brands. It's made three acquisitions in the last year. Aside from Crispin Cider and a minority stake in Terrapin, MillerCoors/T&B has been relatively inactive with regards to M&A. Is there any particular reason why the company hasn't made any moves? When you were still directly involved in day-to-day operations, did you ever meet with potential acquisition targets? If so, what happened?
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Jake --
A-B InBev has been very persistent in its pursuit of craft brands. It's made three acquisitions in the last year. Aside from Crispin Cider and a minority stake in Terrapin, MillerCoors/T&B has been relatively inactive with regards to M&A. Is there any particular reason why the company hasn't made any moves? When you were still directly involved in day-to-day operations, did you ever meet with potential acquisition targets? If so, what happened?
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