Judge Cancels Hearing In DOJ's $20B Beer Merger Challenge

Law360, New York (February 11, 2013, 7:16 PM EST) -- 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.

Because the U.S. Department of Justice hasn't weighed in on alcohol producer and marketer Constellation Brands Inc. and beer distributor Crown Imports LLC’s motion to intervene in the action and because AB InBev and...
To view the full article, register now.