AB InBev, DOJ Reach Deal On $20B Modelo Merger Fight

Law360, New York (April 5, 2013, 6:42 PM EDT) -- Anheuser-Busch InBev NV, Grupo Modelo SAB de CV, Constellation Brands Inc. and the U.S. Department of Justice have reached an initial agreement to resolve the antitrust watchdog's challenge to InBev’s proposed $20.1 billion Modelo buy, the parties said Friday.

The DOJ and the companies asked the District of Columbia federal court overseeing the dispute to extend the stay in the case one more time to April 23 to give them time to iron out the final details of the settlement they said they had reached in...
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