April 19, 2013
The U.S. Department of Justice has reached a deal with Anheuser-Busch InBev NV to end its challenge to the beer giant's $20.1 billion acquisition of Grupo Modelo SAB de CV, requiring the company to sell off Modelo's entire U.S. business, the parties said Friday.
April 09, 2013
A Washington federal judge on Tuesday gave regulators and Anheuser-Busch InBev NV more time to work out a reported settlement resolving antitrust concerns over the beer giant's $20.1 billion acquisition of Grupo Modelo SAB de CV.
April 05, 2013
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.
March 20, 2013
A Washington federal judge on Wednesday granted an extended stay of the U.S. Department of Justice's suit seeking to block Anheuser-Busch InBev NV's proposed $20.1 billion takeover of Grupo Modelo SAB de CV after the parties said they were close to a settlement.
March 15, 2013
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.
February 22, 2013
A District of Columbia federal judge Friday granted a stay in the U.S. Department of Justice's challenge to Anheuser-Busch InBev NV's proposed $20.1 billion offer for Grupo Modelo SAB de CV in light of settlement discussions among the parties.
February 20, 2013
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.
February 11, 2013
A Washington, D.C., federal judge Monday denied a bid by the U.S., Anheuser-Busch InBev NV and Grupo Modelo SAB de CV for a scheduling conference in the government's antitrust challenge to InBev's proposed $20.1 billion Modelo buy because the U.S. hasn't responded to two other companies' move to wade into the suit.
February 08, 2013
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.
January 31, 2013
The U.S. Department of Justice sued Thursday to block Anheuser-Busch InBev NV's $20.1 billion bid for fellow brewer Grupo Modelo SAB de CV, warning that the deal could leave consumers paying more for beer by hindering competition in an already concentrated market.