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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.
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