OTHER NEWS - Sept. 23, 1993
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From Times Staff and Wire Reports
Anheuser-Busch Plans Major Restructuring: The maker of Budweiser beer said it will trim its salaried work force by 10% and reorganize its breweries and bakeries to reduce costs by $400 million a year by 1997. It blamed pending excise taxes and a flat beer market. The changes should result in a charge against third-quarter pretax earnings of about $565 million, or about $1.26 a share, the company said.
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