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AB InBev (BUD) intends to "vigorously contest" the Department of Justice's lawsuit that seeks to...
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Monday, February 4, 4:18 AM ETAB InBev (BUD) intends to "vigorously contest" the Department of Justice's lawsuit that seeks to block the company's $20B deal to take control of Modelo, arguing that the DOJ's analysis that the transaction will lead to too much consolidation in the U.S. beer sector and cause price increases is flawed. Experts reckon the sides will try to thrash out an agreement in private, with concessions possibly including the sale of Modelo's bottling plant in Mexico.
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