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Anheuser-Busch InBev’s U.S. unit will acquire craft brewer, Fulton Street Brewery, The Wall Street Journal reports. The Belgium-based brewer will pay $38.8 million for a 58% share in Goose Island’s holding company.

The minority owner of the Chicago-based company, Craft Brewers Alliance, has also sold its 42% stake to A-B InBev for $16.3 million in cash. Goose Island’s founder and president, John Hall, will continue at Goose Island as CEO and oversee an expansion of its brewery.

Click here for the story from The Wall Street Journal.

Click here for additional coverage from RTT News.

 



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