First it's at all time highs and is the deal this big and is it even guaranteed to happen?
Of course it makes sense, STZ will have a new focus for growth away from wine as their beer business will give them the size to acquire other smaller brands. The market is recognizing this.
No it is not guaranteed, but the DOJ complaint is certainly mitigated. The risk is definitely lessened.
$billions in new debt reduces risk? Then why did their credit rating just get downgraded?