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Between Anheuser Buschinbev and mexican brewer modelo. Using Company Documents to bolster their case, Justice Department lawyers says the deal will lead to higher prices for popular beers like budweiser and corona. Anheuserbusch inbev says it is still confident the deal will go through. As darren gersh reports, the fight could be a sign more mergers will face a tougher time in washington. Reporter the Justice Department is not quite ready for a twopack of brewers to control almost half the american beer market. In a statement announcing a lawsuit to block anheuserbush inbevs 20 billion deal for mexican brewer modelo, assistant attorney general bill baer says if abi fully owned and controlled modelo, a. B. I. Would be able to increase beer prices to a ....
Consolidation weve seen over the last 15, 20 years. Reporter but the mergers ecnomoic payoff for Anheuser Busch is largely about what happens outside the united states. They believe there are great efficiencies to be had in mexico and in other markets in the world where corona is underdeveloped. So the primary focus of the deal for their 20 billion is what they can make in mexico and what they can do outside the u. S. Reporter Anheuserbusch Inbev offered to sell of its interest in an importing arm to Constellation Brands and make the company the sole importer of corona beer for ten years. But the Justice Department says that solution does not go far enough. Darren gersh, n. B. R. , washington. Susie on wall street today, stocks finished lower on mixed ....
Consolidation weve seen over the last 15, 20 years. Reporter but the mergers ecnomoic payoff for Anheuser Busch is largely about what happens outside the united states. They believe there are great efficiencies to be had in mexico and in other markets in the world where corona is underdeveloped. So the primary focus of the deal for their 20 billion is what they can make in mexico and what they can do outside the u. S. Reporter Anheuserbusch Inbev offered to sell of its interest in an importing arm to Constellation Brands and make the company the sole importer of corona beer for ten years. But the Justice Department says that solution does not go far enough. Darren gersh, n. B. R. , washington. Susie on wall street today, stocks finished lower on mixed ....
Bolster their case, Justice Department lawyers says the deal will lead to higher prices for popular beers like budweiser and corona. Anheuserbusch inbev says it is still confident the deal will go through. As darren gersh reports, the fight could be a sign more mergers will face a tougher time in washington. Reporter the Justice Department is not quite ready for a twopack of brewers to control almost half the american beer market. In a statement announcing a lawsuit to block anheuserbush inbevs 20 billion deal for mexican brewer modelo, assistant attorney general bill baer says if abi fully owned and controlled modelo, a. B. I. Would be able to increase beer prices to american consumers. This lawsuit seeks to prevent a. B. I. From eliminating modelo as an Important Competitive force in the beer industry. A ....