Latrobe Brewing Sale May Be Close

Summary


Anheuser-Busch Cos., the world's largest brewer, may be close to buying Latrobe Brewing Co., maker of Rolling Rock beer, according to a report from a Wall Street securities analyst.

The report, issued this week by analyst Caroline Levy of UBS Securities, comes on top of earlier speculation that the Latrobe Brewing's parent company, InBev NV, has been shopping the Westmoreland County brewery, based on the company's decision to focus sales and marketing resources on its high-profit specialty import brands.

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Extract


Latrobe Brewing Sale May Be Close

InBev, the world's third-biggest brewer, said in March it was "examinin...

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