Corona Importer Loses Big in Beer Industry Dustup
You know how gamblers on Super Bowl Sunday get really angry at a team for not covering the spread and costing them money? That's kind of how wine and beer company Constellation Brands (NYSE:STZ) is feeling about the Justice Department's lawsuit against beer giant Anheuser-Busch InBev (NYSE:BUD). Last summer A-B made a $20.1 billion deal to increase its 50% stake in Mexican brewer Grupo Modelo (PINK:GPMCF) and take control of its Corona Modelo and Pacifico brands. The deal caught the eye of the Department of Justice largely because A-B already holds a 46% share of the US beer market ...
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here