Investment Fund: Company and Midwood

investment fund: Midwood encouraged the Board to recognize the difficulties CBA faces to sustainably create shareholder value as an independent company and to ultimately pursue a sale of the Company either to its strategic partner and largest shareholder Anheuser-Busch InBev, or to a third party, according to The Independent. Boston-based Midwood Capital Management is a private investment fund founded by David Cohen. CBA or the Company BREW announced today that it has delivered a letter to the Independent Directors of the Company's Board highlighting the substantial gap between the Company's public market trading price and its intrinsic value. Midwood manages investment funds which focuses on undervalued, niche-leading companies in the small-cap equity market in the U.S. The full text of the letter is below. Our interest in the company is simple and consistent with that of all outside owners of the company to see shareholder value maximized. The Independent Members of the Board of Directorsc/o Audit Committee Chair Craft Brew Alliance, Inc.929 N. Russell Street Portland, OR 97227Attn contains shareholder communications To the Independent Directors of Craft Brew Alliance,I am writing to introduce my firm, Midwood Capital Management LLC, as a significant and increasingly concerned shareholder of Craft Brew Alliance CBA . Funds managed by Midwood currently own approximately 2.0% of the company's outstanding primary shares.1 This position makes us the company's seventh largest shareholder exclusive of Anheuser-Busch InBev .2 We have owned shares in CBA since mid-January 2017, and it has been a top five position for our firm for the past two-plus years. (news.financializer.com). As reported in the news.