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Company News

U.S. approves Anheuser-Busch deal to buy Craft Brew Alliance

WASHINGTON, Sept 18 (Reuters) - The U.S. Justice Department said on Friday it would approve Anheuser-Bush’s plan to buy the shares of Craft Brew Alliance that it does not already own.

The $220 million merger, which was announced in November, was approved on condition the companies divest Craft Brew Alliance’s Kona brand beer. (Reporting by Diane Bartz Editing by Chris Reese)

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