AB Inbev (BUD), Grupo Modelo Support Constellatio (STZ), Crown Move to Intervene
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UPDATE: Constellation (STZ), Crown Imports File Motion to Defend Interests (BUD)
February 8, 2013 2:55 PM EST(Updated - February 8, 2013 2:57 PM EST)
Constellation Brands, Inc. (NYSE: STZ) and Crown Imports (Crown) filed a Motion to Intervene in U.S. District Court for the District of Columbia today to ensure the companies interests are represented as part of the U.S. Department of Justice's (DOJ) complaint against the proposed Anheuser-Busch InBev (NYSE: BUD) acquisition of Grupo Modelo (Modelo). Constellation has a separate proposed transaction with AB InBev to fully acquire Crown, currently a 50/50 joint venture with Modelo. Constellation and Crown were not... More
