Pursuits

Sam Adams Could Turn Benedict Arnold Because of Taxes

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Even a company that named its top beer after a hero of the American Revolution may eventually forsake its home country.

Boston Beer Co., the maker of Samuel Adams beer and Angry Orchard hard cider, would be worth more to a foreign owner unburdened by the U.S. tax structure, founder Jim Koch toldBloomberg Terminal a Senate committee on Thursday. Because of that, Koch says he regularly gets pitches from investment bankers looking to strike a sale. He’s been turning them down -- for now.