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Stock Market & Financial Investment News

News Breaks
February 8, 2013
15:18 EDTBUD, STZAB InBev expresses support for Constellation, Crown motion
Anheuser-Busch InBev (BUD) confirmed that it has filed a memorandum with the United States District Court for the District of Columbia in support of Constellation Brands (STZ) and Crown Import's Motion to Intervene as parties to the antitrust complaint filed by the U.S. Department of Justice The filing is in connection with AB InBev’s pending transaction to acquire the remaining shares in Modelo that it does not already own. AB InBev and Modelo said they support Constellation and Crown's entry into the case and welcome their participation in contesting the DOJ's allegations.
News For BUD;STZ From The Last 14 Days
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October 24, 2014
07:58 EDTBUDMolson Coors seen as winner if peers merge, Bloomberg says
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October 20, 2014
08:30 EDTSTZConstellation Brands initiated with a Buy at Pivotal Research
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October 14, 2014
14:12 EDTSTZConstellation Brands files automatic mixed securities shelf
October 13, 2014
07:26 EDTBUDAB InBev has studied potential deal to acquire PepsiCo, Bloomberg says
Anheuser-Busch InBev (BUD), which has a history of growth via acquisition and has been speculated to be targeting peer SABMiller (SBMRY), has also studied whether a merger with PepsiCo (PEP) makes sense, according to Bloomberg, citing people familiar with the matter. The report added that one source said no talks between Anheuser-Busch and Pepsi are ongoing, no deal is imminent, and the scenario is among many that has been examined. The report also noted that Albert Fried views Monster Beverage (MNST) and Keurig Green Mountain (GMCR) as other suitable targets for AB InBev. Reference Link

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