10 things you need to know today: October 13, 2015

World's largest beer companies agree to merge, Democratic presidential candidates head into their first debate, and more

1. World's two biggest beer companies agree to merge

SABMiller agreed to a sweetened takeover offer from larger rival Anheuser-Busch InBev, the rival brewing companies said in a news release Tuesday. The deal values No. 2 global brewer SABMiller at $104.5 billion. SABMiller's board rejected four previous proposals in recent weeks, but agreed to unanimously recommend this all-cash offer to shareholders. If regulators approve the merger, the combined company will sell more than 30 percent of the world's beer. AB InBev's beers include Budweiser and Corona. SABMiller's include Miller and Coors.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.