Anheuser-Busch Wins Right To Retain Partial Ownership of City Beverage Chicago

31 October 2012

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From the ChicagoTribune:

Anheuser-Busch Cos. can retain its minority ownership stake in one of Chicago's largest beer distributors, Illinois liquor regulators ruled Wednesday, allowing the beer maker to have some control over its sales.

The decision comes in a long-running standoff between Busch and the Illinois Liquor Control Commission over the state's three-tier system of selling alcohol, in which separate companies make the product, ship it and sell it to consumers.

In 2010, Anheuser-Busch informed Illinois regulators that it intended to buy out City Beverage, which has four distribution operations in the state. Busch has been allowed to distribute beer in Illinois since 1980 and had acquired 30 percent of City Beverage, which was majority-owned by Detroit-based Soave Enterprises.

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