More: Illinois Liquor Commision Says A-B Can Own City Beverage Stake

Dear Client:As reported yesterday, in a semi-surprise move the Illinois Liquor Commission has ruled that A-B is allowed to continue to own its 30% stake in Chicago-area distributor, City Beverage. Here's their logic.VIOLATES SPIRITS OF LAW, BUT NOT LAW. The Commish rules that while the Illinois bev-alc code "adheres to the three tier system of regulation as it applies to licensing," the law's adherence to three-tier is "less than clear as applied to ownership interests in entities involved in the