Beer Business Daily – beer industry news and numbers

APPROVED!

The proposed joint venture between Miller Brewing Co. and Coors Brewing Co. in the U.S. and Puerto Rico has been approved by officials at the Department of Justice, as expected.Miller and Coors have combined beer sales of nearly 70 million barrels and net revenues of approximately $6.5 billion. Synergies from the deal are thought to top $500 million."After a thorough, eight-month investigation, ...the division has determined that the proposed joint venture between Miller and Coors is not likely to lessen

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