Anheuser-Busch Agrees To Sell Stake In Chicago City Beverage

imageFrom the Chicago Tribune:

Anheuser-Busch has agreed to sell its interest in Chicago's City Beverage, its largest local distributor.

The agreement is part of a bill expected to clear the Illinois House this week, ending a multi-year battle that amounted to a referendum on how alcohol is regulated in the state.

"Anheuser-Busch is pleased with the agreement reached with the Illinois legislature as it relates to our minority investment in City Beverage," Mark Bordas, region vice president of state affairs with Anheuser-Busch said in a statement.
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