Anheuser-Busch InBev Statement Regarding Discussions with DOJ

image
From Anheuser-Busch:

BRUSSELS, Feb. 20, 2013 //mbb/ -- Anheuser-Busch InBev (Euronext: ABI; NYSE: BUD), Grupo Modelo , S.A.B. de C.V. (BMV: GMODELOC), Constellation Brands, Inc. (NYSE: STZ, STZ.B) and Crown Imports LLC are engaged in discussions with the U.S. Department of Justice seeking to resolve 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. In connection with such discussions, the parties and the Department of Justice have agreed to jointly approach the court to request a stay of all litigation proceedings until March 19, 2013.  There can be no assurance that the discussions will be successful.

The filing today also reiterates AB InBev's and Modelo's position that the revised transaction resolves the concerns raised in the DOJ's complaint.

Transaction Website: www.globalbeerleader.com

The enclosed information constitutes regulated information as defined in the Belgian Royal Decree of 14 November 2007 regarding the duties of issuers of financial instruments which have been admitted for trading on a regulated market.

PR Newswire (http://s.tt/1A1Kw)

About MyBeer Buzz

Founder, owner, author, graphic designer, CEO, CFO, webmaster, president, mechanic and janitor for mybeerbuzz.com. Producer and Co-host of the WILK Friday BeerBuzz live weekly craft beer radio show. Small craft-brewer of the craft beer news sites and one-man-band with way too many instruments to play........Copyright 2007-2024 mybeerbuzz.com All Rights Reserved: Use of this content on ANY site without written permission is not allowed.

0 comments (click to read or post):

Post a Comment

Please leave a comment...I do moderate each comment so it may not appear immediately...and please be nice! You can also comment using Disqus (below) or even comment directly on Facebook (bottom).