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US: AB Inbev beer merger spree keeps brewing

By  |  February 6, 2014

Just weeks after alcohol conglomerate Anheuser-Busch Inbev announced plans to acquire Korea-based Oriental Brewery in a $5.8 billion deal, reports say AB is set to continue its beer merger spree.

AB announced a deal to acquire Long Island-based craft brewer Blue Point Brewing Company, a deal made for about $24 million say reports.

AB’s acquisition of a local craft beer maker is a stark contrast from its other acquisitions, including last year’s controversial merger with Mexico giant Grupo Modelo. That deal required a settlement with the US Department of Justice.

Full Content: Business Insider

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