Apr. 5, 2013, 6:35 PMAnheuser-Busch InBev (BUD), Grupo Modelo and Constellation Brands (STZ) confirm a tentative agreement with the U.S. Department of Justice to allow their three-way beer deal to get approved. BUD says the new agreement, which isn’t finalized, would be “substantially in line" with revised terms that give more control of Modelo's U.S. beer brands to STZ. | 1 Comment
Apr. 5, 2013, 4:27 AMAB InBev (BUD) is reportedly close to agreeing to a settlement with the Department of Justice that would persuade the DOJ to approve the company's $20.1B bid to take full control of Modelo, with an announcement set to be made next week. The sides have until Tuesday to update a federal judge on their progress but might request a short extension. | Comment!
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Grupo Modelo is a holding company. Through its subsidiaries, Co. is engaged in the production and sale of beer and malt. Brand names include Corona Extra, Modelo Especial, Negra Modelo, Pacifico, Pacifico Ballena, Corona Familiar, Corona Light, Coronita, Estrella, Victoria, Montejo, Leon Negra,... More
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