Red Network Divided

Dear Client:  The Anheuser-Busch distributor network -- long heralded for its ability to dominate retail shelves and taps throughout the 80s and 90s -- is currently divided in a fashion that we haven't seen since the early 2000's when certain wholesalers broke exclusivity and took on craft and imported beer brands.  Throughout the storied history of the red network, the driving document at the center has been the A-B Equity Agreement, which at its inception in the late 1960s has