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...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.