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AB InBev gets US approval for $101B SABMiller buyout

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Anheuser-Busch InBev won U.S. antitrust approval for its takeover of SABMiller after the maker of Budweiser agreed to give up ownership of the Miller brand and open the door to greater competition from craft beers.

The approval puts the $101 billion buyout one step closer to fruition.

It still needs clearance from China.

Read more from the Chicago Tribune.

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