Anheuser-Busch Prevails In Challenge Over Distributor Stake

Law360, New York (November 1, 2012, 7:42 PM EDT) -- Anheuser-Busch Cos. LLC dodged another challenge Wednesday from the Illinois Liquor Control Commission over its minority ownership in subsidiaries of distributor City Beverage Illinois LLC, which the commission contended was in violation of state laws.

After months of review, the commission ruled that neither the recently passed Craft Brewer Law nor the Illinois Liquor Control Act of 1934 have language explicitly outlawing Anheuser-Busch unit Wholesaler Equity Development Corp.'s 30 percent stake in City Beverage. The commission had sought to revoke City Beverage's licenses if WEDCO did...
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