Deal reached in principle to create company controlling a third of global beer sales

BRUSSELS — The world's top two beer makers agreed Tuesday to join forces to create a company that would control nearly a third of the global market and bring together top U.S. brands Budweiser and Miller Genuine Draft.

After turning down five offers, British-based brewer SABMiller accepted in principle an improved takeover bid worth 69 billion pounds ($106 billion) from Anheuser Busch InBev, which along with Budweiser makes Corona, Stella Artois and Beck's.

http://www.startribune.com/ab-inbev-sabmiller-ok-in-principle-to-set-up-beer-merger/332287682/