Seeking Alpha

Constellation Brands (STZ) +3.1% AH as AB InBev (BUD), Grupo Modelo and the Justice Department...

Constellation Brands (STZ) +3.1% AH as AB InBev (BUD), Grupo Modelo and the Justice Department ask a federal court to allow more time for settlement talks that could resolve a government lawsuit challenging the companies' planned merger. After DoJ sued to stop the deal, BUD agreed to sell a Modelo brewery in Mexico to STZ for $2.9B and grant STZ perpetual rights for Corona and other Modelo brands in the U.S.
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Comments (1)
  • Chris DeMuth Jr.
    , contributor
    Comments (5597) | Send Message
     
    STZ could be worth about $50 with this deal.
    15 Mar 2013, 06:14 PM Reply Like
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