A-B InBev/Modelo Deal in Jeopardy?
Dark clouds are starting to gather over Anheuser-Busch InBev's bid to buy Mexican brewer Grupo Modelo. Antitrust regulators from the Justice Department in recent weeks have been quizzing beer distributors and craft brewers about the competitive implications of the $20 billion deal, which would give beer behemoth A-B InBev ownership of the nation's most popular import label: Corona. They've started to hear from U.S. senators concerned about the deal, too. Then on Tuesday, a Washington, D.C., antitrust trade publication reported that the Justice Department was putting some of its top lawyers on the case, and appeared “unlikely” to let the deal go through as currently structured. (St. Louis Post-Dispatch)
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