stevareeno

Fri, 16 Nov 2007 00:06:30 -0800

Please get your facts straight... As pointed out here: http://portland.bizjournals.com/portland/stories/2007/11/12/daily12.html?surround=lfn and http://seattlepi.nwsource.com/business/339489_beer14.html Each will have a 50% stake in the company. According to the Seattle P-I, Redhook did have to swap $50 million for shares of privately held widmer. However, you cannot justify that Redhook bought Widmer in this instance... Redhook is publically traded while Widmer was not. Debt and other factors may make one company more valuable than another. Also, Redhook is the 12th largest while Widmer is the 11th. Other facts if you'd like them as to why you are flat wrong is that the headquarters will be in Portland, the "real" chairman will be a Widmer, and Seattle proves once again that it looks its nose down upon their southern neighbors.

Geoff

Wed, 14 Nov 2007 13:55:24 -0800

I wish them the best. But, let's face it, Redhook let commercial success get to them long ago. They abandoned the Seattle market and the true "craft beer" business model that made them so successful. When a company their size seems to struggle with tap handle space in Seattle pubs vs. the likes of Manny's and Mac & Jack's, you've forgotten your roots. They haven't come out with a new, interesting beer in some time. They closed down the Trolleyman Pub in Fremont a few years back. I'll drink Redhook if there is nothing better around. But, that is pretty rare out in the NW. Bring back the Double Black Stout and then you'll have me back. They will open up another brewpub in the city sometime if they are smart.

Seattlest: Craft Brewers Alliance? Gulp!

stevareeno

Geoff