MillerCoors Acquires Craft Brewer Saint Archer – Wall Street Journal

MillerCoors LLC said Thursday it is beefing up its craft-beer portfolio by acquiring its first craft brewery, Saint Archer Brewing Co. of San Diego.

The second-largest brewer in the U.S. by market share after Anheuser-Busch InBev NV declined to disclose financial terms.

Saint Archer expects to sell 35,000 barrels of beer this year….