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US: Beer companies request to join lawsuit supporting AB InBev, Grupo merger

By  |  February 8, 2013

Media are reporting that two beer companies have filed a motion to join the defendants list in the Department of Justice’s recently lawsuit against Anheuser-Busch InBev’s proposed takeover of Grupo Modelo. Constellation Brands Inc and Crown Imports distributor have filed the motion in US District Court for the District of Columbia in a move to lend its support to AB InBev. In response, AB InBev filed a memorandum to support the Motion to Intervene. Constellation is slated to acquire Grupo Modelo’s half of Crown Imports in a $1.85 billion deal, though the transaction is separate from the merger between Grupo and AB InBev, which would occur for more than $20 billion.

 

Full Content: Reuters

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