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02-03-2011, 09:13
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When one brewery takes over another, it’s very common for them to say “we will keep Brewery X in operation as a completely separate business.” And that commitment almost without exception proves to have been built on sand. Today it has been announced that William Reed, publishers of the Morning Advertiser (http://www.morningadvertiser.co.uk/), are to acquire rival licensed trade paper The Publican (http://www.thepublican.com/story.asp?sectioncode=7&storycode=69149) from United Business Media for £1.5 million. Any bets on how long the two continue as separate publications?

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