AB InBev, DOJ Seek New Stay Amid $20B Merger Deal Talks

Law360, New York (March 15, 2013, 5:55 PM EDT) -- Anheuser-Busch InBev NV, Grupo Modelo SAB de CV, Constellation Brands Inc. and the U.S. Department of Justice have made "substantial progress" in their talks to settle their antitrust fight over InBev’s proposed $20.1 billion Modelo buy, the parties said Friday as they pushed to extend the stay of the case.

The judge overseeing the case originally stayed the dispute in late February after the DOJ said it needed more time to review a revised proposed antitrust fix that would send Modelo's U.S. business to Constellation. The...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.