AB InBev acquisition of Ace Beverage is being investigated

Alcohol Justice, an alcohol industry watchdog agency based in California, submitted an official letter asking California Attorney General, to investigate AB InBev takeover of/ merger with Ace Beverage. Ace Beverage is one of the largest independent distributors in the US, based in California, distributing primarily products from AB InBev and Constellation Brands (Corona/ Modelo). According to the letter, if approved, the new company would control 85% of the wholesale market in California.

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