AB InBev, DOJ In Talks To Settle $20B Merger Challenge

Law360, New York (February 20, 2013, 6:39 PM EST) -- Anheuser-Busch InBev NV, Grupo Modelo SAB de CV and Constellation Brands Inc. are in talks with the U.S. Department of Justice in a bid to settle the antitrust watchdog's challenge to InBev’s proposed $20.1 billion Modelo buy, the companies said Wednesday.

Shortly after the DOJ sued to block the $20 billion tie-up, AB InBev and Constellation revised a proposed antitrust fix that would send Modelo's U.S. business to Constellation. Now that talks are under way with the regulator about whether the revised deal addresses the DOJ's...
To view the full article, register now.