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A federal judge approves an extension to the trial of the Department of Justice against...

A federal judge approves an extension to the trial of the Department of Justice against Anheuser-Busch InBev (BUD -0.5%) after both sides agree a delay would help provide time to work out a settlement. An amendment to the purchase terms of Grupo Modelo seems to have the deal back on track.
Comments (3)
  • Chris DeMuth Jr.
    , contributor
    Comments (4187) | Send Message
     
    STZ is a large position of ours, so this could work out well. One strategy that may be worth considering: as the delay pushes any trial beyond March expiration, STZ puts may be expensive and worth writing.
    25 Feb 2013, 12:17 PM Reply Like
  • TheCompleatAngler
    , contributor
    Comments (169) | Send Message
     
    I agree and have already done so. I've been anticipating that the revised deal terms will be enough to mollify antitrust concerns. Do you have any opinion about the odds that the DOJ still decides to attempt to block the deal and go to trial? That DOJ is willing to use its powers to prevent the deal as originally proposed seems ridiculous to me. The combined company's market share would still be less than 50% in the U.S. The Sherman Antitrust Act was passed with Rockefeller type market control in mind.
    25 Feb 2013, 02:25 PM Reply Like
  • Chris DeMuth Jr.
    , contributor
    Comments (4187) | Send Message
     
    25% or so.
    25 Feb 2013, 03:36 PM Reply Like
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