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A-B Distributors “Waiting for Godot” 

Dear Client: Last week members of A-B's management committee (mancom), including Michel himself, and several former chairs of their Wholesaler Panel, held a meeting to discuss the ongoing volume crisis for Bud Light. And while wholesalers BBD spoke with were optimistic before the meetings that A-B would reveal a plan that included financial help for struggling distributors -- in the form of relief on fuel surcharges and mandated expenses, better splits on discounts, reduced FOB/margin enhancement, etc. -- no such

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