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Chinese Beer Giant TsingTao buys out its smaller rival for a pretty penny to gain possible beer monopoly in parts of China.

It’s about time beer gets a chance on TV, after all it is a massive multi billion dollar industry. Brew Masters is a new reality TV show that airs on the Discovery Channel that focuses on the Dogfish Head Brewery….

Heineken buys the next big chunk of its own shares on the open market to hand over to the Latin American beverage giant FEMSA in order to meet the terms of their agreement made in January of 2010. By the end of 5 years FEMSA will own 20% of Heineken shares, but not to worry, Heineken’s getting a sweet deal out of it too!
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