Tilray Brands shares are trading higher after the company announced an agreement to acquire eight beer and beverage brands from Anheuser-Busch.
Portfolio Pulse from Benzinga Newsdesk
Tilray Brands has announced an agreement to acquire eight beer and beverage brands from Anheuser-Busch, leading to a rise in Tilray's share prices.
August 08, 2023 | 3:55 pm
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Tilray Brands' stock is trading higher after the company announced an agreement to acquire eight beer and beverage brands from Anheuser-Busch.
The acquisition of eight brands from Anheuser-Busch is a significant expansion for Tilray Brands, which is likely to increase its market share and revenues. This positive news has led to an increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100