Based in the truly delightful North Yorkshire town of Masham, which I visited a couple of months ago, the Black Sheep Brewery PLC, is an unlisted PLC and today it has served up the phrase all shareholders dread to hear: “strategic review”. Whatever you say CEO and Chair Charlene Lyons.
Founded by the Theakston family who still dominate the board, this brewer of real ales says that “The Board is currently considering all options, one such option being a merger or an acquisition of the Company, in whole or in part, if such a solution offers the best outcome for shareholders and other stakeholders whilst providing a stable base for the future of the business.”
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