Greene King Wins Over Spirit With Sweetened $1.2 Billion Bid
A pint of Greene King India pale ale (IPA) beer stands on the bar inside the Paul Pry pub, operated by John Barras, a unit of Spirit Pub Co., in Rayleigh, U.K., on Wednesday, Oct. 15, 2014.
Spirit, the owner of more than 1,200 U.K. outlets including Chef & Brewer and Flaming Grill, is on the verge of being acquired by competitor Greene King Plc after saying it’s willing to recommend a sweetened 723 million-pound ($1.2 billion) bid.
Read more in the Bloomberg News story by Matthew Boyle
Photographer: Chris Ratcliffe/Bloomberg
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