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Beer giants AB InBev and SABMiller agree in principle on buyout

Edward Gharavi stands next to a 60-foot-tall tank containing 80,000 gallons of beer at the MillerCoors brewery in Irwindale in 2014. MillerCoors, a joint venture between SABMiller and Molson Coors Brewing Co., controls 28% of the U.S. beer market.
Edward Gharavi stands next to a 60-foot-tall tank containing 80,000 gallons of beer at the MillerCoors brewery in Irwindale in 2014. MillerCoors, a joint venture between SABMiller and Molson Coors Brewing Co., controls 28% of the U.S. beer market.
(Mel Melcon / Los Angeles Times)
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