Feds approve Bud sale if InBev sells Labatt USA

WASHINGTON - The Justice Department approved a $52 billion beer buzz today, allowing Belgium-based InBev SA to buy out Anheuser-Busch and create the world’s largest brewer.

But InBev’s buzz comes with a slight hiccup: It must sell subsidiary Labatt USA to win regulatory approval.

Labatt Blue and Labatt Blue Light have less than 1 percent share of the U.S. market, but in upstate New York they go head-to-head with Anheuser-Busch Cos. Inc.’s Budweiser and Bud Light, and MillerCoors LLC brands like Coors Light and Miller Lite.

(Boston Herald - Full Story)