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Stock Market & Financial Investment News

News Breaks
April 23, 2013
05:12 EDTGPMCF, STZ, BUD, STZ.BCourt allows settlement to proceed among DoJ, Constellation Brands, AB InBev, and Grupo Modelo
The Court signed the previously announced stipulation and order between Constellation Brands (STZ, STZ.B), Anheuser-Busch InBev (BUD), Grupo Modelo, S.A.B. de C.V. (GPMCF), and the Department of Justice that resolves the Department of Justice's challenge to AB InBev's proposed acquisition of the remaining shares of Grupo Modelo that it does not already own. The parties had requested the Court's signature of the stipulation and order last Friday, April 19. Constellation expects to complete its transaction with AB InBev around the end of Constellation's 1Q14 or shortly thereafter.
News For B;BUD;GPMCF 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 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.
January 15, 2015
09:40 EDTBUDAB InBev's Bud Light Button to offer beer delivery in an hour, WSJ reports
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