TinyGemsBreaks – Splash Beverage Group, Inc. (NYSE American: SBEV) Revises Terms for Western Son Vodka Acquisition
Splash Beverage Group (NYSE American: SBEV) has signed an updated Letter of Intent to acquire Western Son Vodka primarily through a stock-for-equity transaction. The revised deal structure, which includes approximately 10% cash consideration and the assumption of certain outstanding debt, is expected to double Splash’s peak trailing twelve-month revenue. This shift from a majority cash-based acquisition aims to better align both companies’ interests and provide a clearer path to completion. Western Son Vodka, an award-winning craft brand, continues to expand its national distribution. The deal remains subject to definitive agreements, regulatory approval, and shareholder consent, with closing targeted for this…