April 3, 2017 / 1:10 PM / in 4 months

BRIEF-New Age Beverages reports agreement to acquire assets of Marley Beverage Co

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April 3 (Reuters) - New Age Beverages Corp:

* New Age Beverages Corporation announces agreement to acquire assets of the marley beverage company

* New Age Beverages Corp- announced signing of a definitive agreement to acquire assets of Marley Beverage Company, Llc

* New Age -as part of deal, identified more than $5.5 million in cost and revenue synergies to be gained over next 12 months

* New Age - will realize more than $3 million in immediate savings in operating expenses and infrastructure convergence

* New Age - transaction consideration consists of 2.85 million shares of common stock

* New Age - transaction consideration also consists potential earn out based on performance in return for all of assets of Marley Beverage Co Source text for Eikon: Further company coverage:

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