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>> GRUPO MODELO Latest News

APR 05, 2013 - Investors Business Daily

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Constellation Toasts InBev-DOJ Deal, Earnings On Tap

Wine and spirits company Constellation Brands (STZ) appears on the brink of a deal that will make it the No. 3 U.S. beer firm, with exclusive U.S. rights to Mexican brands Corona and Negra Modelo. The company was part of a late Friday tentative agreement with the Justice Department to allow Budweiser parent Anheuser-Busch InBev (BUD) to buy the remaining 50% it doesn't already own in Mexico's Grupo Modelo brewer for $20.1 billion. The government

Tags: Constellation Toasts InBev-DOJ Deal, Earnings On Tap,  Grupo Modelo Latest News