Beer Cos. Want In On DOJ Suit Over $20B InBev, Modelo Deal

Law360, New York (February 8, 2013, 9:02 PM EST) -- Alcohol producer and marketer Constellation Brands Inc. and beer distributor Crown Imports LLC on Friday filed a motion to intervene to ensure their interests are represented in the U.S. Department of Justice's antitrust lawsuit over Anheuser-Busch InBev NV's $20.1 billion bid for fellow brewer Grupo Modelo SAB de CV.

The DOJ's suit, filed on Jan. 31, seeks to block AB InBev's takeover of Modelo, arguing that the deal could leave consumers paying more for beer by hindering competition in an already concentrated market. But Constellation and Crown —...
To view the full article, register now.