Redhook Ale Brewery to Enter into Discussions with Widmer Brothers Brewing.SEATTLE -- Redhook Ale Brewery The Redhook Ale Brewery NASDAQ: HOOK, headquartered in Seattle, Washington, is a brewer of craft beers, with operations in Woodinville, Washington and Portsmouth, New Hampshire. It was founded in Seattle in 1981 by Paul Shipman and Gordon Bowker. , Incorporated (Nasdaq:HOOK), is entering into preliminary discussions with Widmer Brothers Brewing brewing: see beer. Company regarding the possibility of combining the two companies. Redhook and Widmer currently share a joint sales and marketing venture in the western U.S., operating as Craft Brands Alliance, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . They also have a brewing and licensing relationship in the eastern U.S. Discussions are in the very preliminary stages, and are expected to take several weeks. There can be no assurance that any transaction will take place. Any transaction will require the approval of the board of directors of both companies, and may also be subject to approval by the shareholders of one or both companies as well as regulatory approvals. About Redhook Redhook Ale Brewery, Incorporated, is one of the leading independent brewers of craft beers in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and has been at the forefront of the domestic craft brewing segment since the Company's formation in 1981. Redhook brews its specialty bottled and draft products exclusively in its two Company-owned breweries, one in the Seattle suburb of Woodinville, Washington Woodinville is a city located in King County, Washington. As of the 2000 census, the city had a total population of 9,194. There is also a much larger population with Woodinville mailing addresses in adjacent unincorporated King and Snohomish county areas. , and the other in Portsmouth, New Hampshire Portsmouth, New Hampshire is a city in Rockingham County, New Hampshire in the United States of America. It is the fourth-largest community in the county[1], with a population of 20,784 as of the 2000 census. . The Company distributes its products nationally through a network of wholesale distributors, Craft Brands Alliance, LLC, and a distribution alliance with Anheuser-Busch, Incorporated. For more information, please visit www.redhook.com. |
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