Pete's To Leave Black Rocket High And Dry

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Beer importer Gambrinus, which has announced an agreement to acquire Pete’s Brewing Co. for $68 million, plans to end the relationship between the microbrewer and its agency of record, Black Rocket, said sources. It is unclear what the new owner will do with the estimated $5 million account.
Gambrinus plans to move the Pete’s operation from Palo Alto, Calif., to its headquarters in San Antonio, Texas, once the acquisition is finalized later this year, said sources.

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