Beer shakeup: Constellation Brands (STZ -24.2%) dives after the DOJ files suit against...

|About: Constellation Brands, Inc. (STZ)|By:, SA News Editor

Beer shakeup: Constellation Brands (STZ -24.2%) dives after the DOJ files suit against Anheuser-Busch InBev (BUD -5.1%) to block its takeover of Grupo Modelo. A no-go on the A-B deal is bad for Constellation Brands because it was all set to export Modelo to the U.S. so that the deal might be more palatable to regulators. According to the Nasdaq website, STZ is currently halted for hitting a volatility level.