AB InBev, SABMiller deal wins U.S. approval, adds craft beer protections [View all]

[MohRokTah]

Not pleased with this decision even with the so-called "craft beer protections". I'm glad I have a home brewery. Thinking about it, though, I should probably build it out for higher capacity of 10 gallon batches and all stainless gear as opposed to my 10 gallon stainless boil kettle, 10 gallon drink cooler mash tun and 10 gallon drink cooler hot liquor tank for 5 gallon batches:

AB InBev, SABMiller deal wins U.S. approval, adds craft beer protections

NEW YORK | BY LAUREN HIRSCH AND CHRIS PRENTICE

Brewers Anheuser-Busch InBev (ABI.BR) and SABMiller (SAB.L) received U.S. antitrust approval for their $107 billion merger on Wednesday, bringing the largest-ever consumer products deal a big step closer to completion.

The combination of the world's top brewers, which together will make nearly 30 percent of the world's beer, now only needs regulatory clearance from China, a blessing that is widely expected given the proposed divestment of SAB's business there.

The deal has already been cleared by Australia, Europe and South Africa, and AB InBev said it still expects closure this year.

The U.S. Department of Justice (DOJ) approval, which is notable after the regulatory authority derailed several recent mega-mergers, came a day before SABMiller was to meet with shareholders at its annual general meeting in London.

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http://www.reuters.com/article/us-sabmiller-m-a-abinbev-idUSKCN1002HJ