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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 ....
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. Anheuserbusch was not deterred, saying we remain confident in our position, and we intend ....
Deals in the u. S. Offset negative Economic Data out of europe, which held the market in check. Shares of herblife soared 15 after hours on word carl ichan bought 14 million shares of the nutrition company. And tiffany is suing costco. Tiffany claims the club chain is selling Engagement Rings bearing the tiffany name. Traders will enjoy a long holiday weekend. With president s day coming up on monday, the markets will be closed. Mark sebastian of option pit mentoring joins us on this friday for a closer look at the market. Good morning. Morning. What do you think about g20, and what will it mean for trading today . I think people are going to be paying attention to the japanese yen. There is a lot of discussion about currency manipulation across europe, the u. S. And asia about the monetary measures japan is making, and i think that is going to be the big issue of g20 and co ....