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Stock Market & Financial Investment News

News Breaks
February 14, 2013
10:53 EDTBUD, STZConstellation believes new agreement addresses concerns raised by DOJ in lawsuit
Constellation says it has fully committed bridge financing in place to complete these acquisition activities. Says expects to invest approximately $400M over three years to expand Piedras Negras facility. Says intends to deploy free cash flow to pay down debt with an intent to get below 4x EBITDA leverage ratio within two to three years of the transaction close. Comments made on the Constellation Brands (STZ), Anheuser-Busch InBev (BUD) conference call discussing the revised agreement for complete Ddivestiture of the U.S. Business of Grupo Modelo.
News For STZ;BUD From The Last 14 Days
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August 26, 2015
10:00 EDTBUDOn The Fly: Analyst Upgrade Summary
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07:45 EDTBUDAB InBev upgraded to Buy from Hold at ING Group
August 18, 2015
09:07 EDTSTZConstellation Brands acquires minority stake in Crafthouse Cocktails
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August 17, 2015
18:40 EDTSTZConstellation Brands takes stake in pre-mixed drink startup, WSJ says
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