Cheers! Anheuser-Busch, Teamsters Reach Tentative Deal

ST. LOUIS -- Anheuser-Busch  (BUD) and the International Brotherhood of Teamsters say they have reached a tentative deal on a five-year contract for workers at the beverage-maker's 12 U.S. breweries.

The company and union say in a statement dated Friday and posted on the company's website that the deal is subject to ratification by the union members. They say their negotiators are focused on finalizing the contract language.

Anheuser-Busch is based in St. Louis and is a subsidiary of Anheuser-Busch InBev. It has U.S. breweries in Missouri, California, Colorado, Texas, Florida, Georgia, Virginia, Ohio, New Jersey, New York and New Hampshire.

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