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Anheuser-Busch InBev
Anheuser-Busch buys craft brewer Blue Point Brewing Co.
Anheuser-Busch buys craft brewer Blue Point Brewing Co.

The North American subsidiary of Anheuser-Busch InBev, maker of Budweiser and Stella Artois, is moving into the craft beer business, announcing Wednesday it will buy Blue Point Brewing Co., a N.Y. craft brewery.  Anheuser-Busch, based in St. Louis, did not disclose terms of the deal, but the move is the latest in efforts to expand AB InBev's footprint. AB InBev, based in Belgium, last month said it will buy back Oriental Brewery, a South Korean company, for $5.8 billion. It had sold the company nearly five years ago to a private equity firm.  Last year, after negotiating with regulators, it merged with Grupo Modelo of Mexico, which makes the popular Corona Extra and...

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