Deal Comes to a Head for Beer Makers

Anheuser-Busch InBev announced Wednesday it has formally agreed to purchase its rival SABMiller, the Wall Street Journal reports. The two produce nearly one-third of all beer worldwide. However, SABMiller must sell its stake in MillerCoors. Anheuser-Busch InBev has a brewery in Van Nuys, while SABMiller has one in Irwindale.