DOJ closes investigation into AB-InBev’s purchase of Devils Backbone
“The U.S. Department of Justice has officially closed its investigation into Anheuser-Busch InBev’s acquisition of Devils Backbone Brewing Company, according to a statement issued today by Deputy Assistant Attorney General Juan Arteaga.
Citing conditions in a previously agreed upon settlement between A-B InBev and the DOJ — one that permits the world’s largest beer company to proceed with its acquisition of SABMiller — Arteaga said the ‘competitive implications of ABI’s acquisition of Devils Backbone are too uncertain at this time to warrant further investigation.’” — Chris Furnari, Brewbound
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