AB InBev confirms agreement with Department of Justice

theflyonthewall.com

Anheuser-Busch InBev (BUD), Grupo Modelo (GPMCY), Constellation Brands (STZ, STZ.B) and Crown Imports have confirmed they reached a final agreement with the U.S. Department of Justice on the terms of a settlement of the Department of Justice's litigation challenging AB InBev's proposed acquisition of the remaining stake in Grupo Modelo that it does not already own. The parties have jointly approached the Court with the terms of a proposed Final Judgment, which would fully resolve the Department of Justice's claims in its litigation challenging the proposed acquisition. The agreement is substantially in line with the revised transaction announced on February 14, AB InBev said.

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