the submarine captain

Just found this... :

Sleeman Continues Domestic Expansion with the Offer to Acquire Unibroue

08:00 EDT Tuesday, April 20, 2004

MONTREAL, April 20 /CNW Telbec/ - The Chairman and CEO of Sleeman
Breweries Ltd. (TSX:ALE), John W. Sleeman, and Pierre DesMarais II,
Chairman of the Board of La Brasserie Sleeman du Québec Ltée. are proud
to announce that Sleeman has made an offer to purchase all of the shares
of the Quebec beer maker Unibroue Inc. (TSX:UBE), the acclaimed
micro-brewery. Sleeman, the third largest and fastest growing brewing
company in Canada, would thus become the premier brewer of quality beers
in Quebec. The two companies' respective Boards of Directors have
unanimously approved a definitive agreement whereby Sleeman offers to
acquire all of the issued and outstanding shares of Unibroue in an all
cash transaction valued at approximately $36.5 million, including net
debt to be assumed of $5.5 million.

Mrss. André Dion, Robert Charlebois and Serge Racine as well as their
respective associates, holding between themselves 71.48 % of all
outstanding Unibroue shares, have agreed to irrevocably tender all their
shares to the offer.

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