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Anheuser-Busch
U.S. Department of Justice Clears InBev Merger With Anheuser-Busch
December 6th, 2008
Global brewers InBev and Anheuser-Busch (NYSE:BUD) have reached an agreement with the U.S. Department of Justice (DOJ) that satisfies its requirement to approve the transaction, the companies announced. Terms of the agreement call for InBev to grant a perpetual and exclusive license to brew, market, distribute and sell the Labatt beer brands in the United States to an independent third party. Labatt Brewing in Canada will be allowed to brew and supply the Labatt brands to the U.S. licensee for an interim period of three years. The existing Labatt USA operations, based in Buffalo, N.Y., that currently support the brand in the market will be sold to the licensee. ...
Source: Law & Health Weekly (2008-12-06)
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