Gov't Scrutiny On Tap For Anheuser's $321M Craft Brew Deal
Law360 (January 23, 2020, 7:53 PM EST) -- Anheuser-Busch and a craft beer company it plans to acquire have refiled merger paperwork with the Federal Trade Commission, a procedural move that extends the government’s merger review period and signals that the companies may want the extra time to convince antitrust enforcers there's no need for a longer, in-depth merger review.
Under the deal unveiled in November, Anheuser-Busch would buy Craft Brew Alliance Inc. in a transaction that values the Craft Brew stock at $321 million. The agreement builds upon a nearly 25-year partnership, and Craft Brew is expected to continue post-merger as a direct subsidiary of Anheuser-Busch.
Craft Brew said it refiled its...
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