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ILCC could decide fate of AB-InBev’s minority stake in Chicago distributor today

Here’s the issue: Budweiser’s parent company wants to retain its 30-percent ownership stake in a mega-beer distributor, City Beverage. But attorneys for the Illinois Liquor Control Commission say that’s illegal under the state’s new “craft beer law.” And they have recommended revoking the wholesaler license of City Beverage — which distributes beer in Chicago, Peoria and other parts of the state — until the brewer divests its ownership interest.The final decision rests with the seven-member liquor commission, which is set to take up the matter at a Wednesday hearing.

via Southtown Star.

 

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