AB InBev (BUD) Shares Give Up Gains as Modelo Deal Likely Closer to $20B

Article Stock Quotes (1) Comments (0)

After trading up nearly 2 percent amid reports of a $12 billion deal for Grupo Modelo, shares of AB InBev (NYSE: BUD) have just turned negative as the latest headlines suggest the deal could be closer to $20 billion. The stock last traded around $70.14.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• UPDATE: Chile regulators stopped build, imposed sanctions on Barrick Gold (ABX)
• Chile will block construction of Barrick's (ABX) Gold Pascua Mine
• Miners (GDX) on Watch with Barrick Gold (ABX), Silver Wheaton (SLW) Both Halted

Create E-mail Alert Related Categories

Momentum Movers, Rumors

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?