USA: Genesee Corporation Announces Delay in Sale of Brewing Business

By | 2 November 2000

Genesee Corporation (Nasdaq: GENBB) today announced that it does not expect the management buy-out of its Genesee Brewing Company subsidiary to be completed until December. The Corporation attributed the delay in closing to the buyer's need for additional time to complete its financing arrangements and obtain all required permits and licenses.

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