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Stock Market & Financial Investment News

News Breaks
February 14, 2013
10:53 EDTSTZ, BUDConstellation 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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December 16, 2014
17:03 EDTBUD, STZConstellation Brands, Owens-Illinois form JV
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December 10, 2014
06:31 EDTBUDAB InBev to move U.S. sales and marketing base from St. Louis, WSJ reports
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