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Stock Market & Financial Investment News

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January 31, 2013
10:32 EDTSTZ, BUDConstellation Brands drops after U.S. sues to block Modelo takeover
Constellation Brands (STZ) shares dropped after Bloomberg reported that the Department of Justice filed suit against AB InBev (BUD) to block the company's planned takeover of Grupo Modelo. Recall that A-B InBev last June signed a pact to import Modelo products to the U.S. through (STZ) Constellation Brands to address antitrust concerns.
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