Citigroup beverage analysts Bonnie Herzog (who spoke at BBD's Beer Summit earlier this year), Celso Sanchez, and Philip Morrisey hosted a conference call with investors yesterday in which they boldly predicted that there is a 70% chance that Anheuser-Busch and InBev will cut a deal within the next few years. Citi upgraded A-B's stock yesterday on the belief that some sort of deal (possibly a joint venture) will get done sooner rather than later. Bonnie sees the deal happening within
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