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Stock Market & Financial Investment News

News Breaks
February 14, 2013
07:24 EDTSTZ, BUDAB InBev shares should rally on revised agreement, says Jefferies
Jefferies expects AB InBev (BUD) shares to rally after the company announced a revised agreement with Constellation Brands (STZ) for the sale of its Piedras Negras brewery and granting of the perpetual rights to Corona and other brands in the U.S. for $2.9B. Jefferies thinks the new deal addresses the Department of Justice's concerns surrounding AB InBev's takeover of Modelo deal and the firm now expects the deal to go through. Jefferies has a Buy rating on AB InBev shares.
News For BUD;STZ From The Last 14 Days
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January 29, 2015
10:00 EDTBUDOn The Fly: Analyst Downgrade Summary
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07:22 EDTBUD, BUDAB InBev downgraded to Outperform from Buy at CLSA
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January 27, 2015
12:53 EDTSTZJPMorgan reports 5.6% passive stake in Constellation Brands
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January 26, 2015
07:26 EDTBUDAnheuser-Busch acquires Seattle brewer Elysian Brewing
Anheuser-Busch announced late Friday that it has agreed to purchase Elysian Brewing Company, based in Seattle, Washington. Elysian sold more than 50,000 barrels of beer in 2014, with Immortal IPA accounting for more than a quarter of the company’s total volume. In addition to the Seattle Airport Way brewery, the acquisition includes the company’s four Seattle brewpubs, Elysian Capitol Hill, Elysian Tangletown, Elysian Fields and Elysian BAR. Anheuser-Busch’s purchase of Elysian is expected to close by the end of the first quarter of 2015. Terms of the agreement were not disclosed.

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