Anheuser-Busch, Teamsters reach labor agreement to avoid strike

WASHINGTON D.C: Budweiser brewer Anheuser-Busch has reached a contract agreement with the Teamsters union to avoid a strike at its plants in the U.S.

The union, which represents 5,000 Anheuser-Busch workers, said that if by 11:59 p.m. EST on February 29, an agreement on a new five-year contract had not been reached, its members would have struck work at the brewer's 12 U.S. plants.

However, on February 28