Budweiser dropping U.S. Olympic team sponsorship

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Budweiser is dropping their sponsorship of the U.S. Olympic team after over 30 years of partnership.

Anheuser-Busch, which owns Budweiser, has decided not to renew their contract with the Olympic committee.

The two have been partnered since 1984.

This news comes after the disappointing amount of viewership for the 2016 Rio Olympics.

Anheuser-Busch was bought by Belgian-Brazilian beer giant, InBev back in 2008.

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