Beer Business Daily – beer industry news and numbers

MARIS TO GET $120 MILLION

***ALERT***That was quick. Anheuser-Busch will pay $120 million in cash to settle claims with the Maris lawsuits. A-B expects to record a related $105 million pretax charge in the third quarter. Turns out it was material. Maris attorney Gary hinted that his closing arguments were so compelling that it nudged A-B into settling rather than risk a huge jury award that could have been in the billions.A-B said it and its outside insurance companies settled the claims on Tuesday. That's

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