business news in context, analysis with attitude

• The Wall Street Journal reports this morning that Valassis Communications is in “advanced negotiations” to purchase Advo Inc. for more than a billion dollars, a deal that “would unite two stalwarts of the direct-marketing and advertising business.”

• Jamaica’s Red Stripe beer is launching a new ad campaign in the US aimed at building US sales, according to the Wall Street Journal. The company says that the US already accounts for more than a third of its export business.
KC's View:
Red Stripe always has been one of our favorites – there are few other beers that so succinctly and immediately conjure up an image with their very name. (And it tastes good, too…)