THE TRIGGER: Shares of Constellation Brands fell after the Justice Department sued to block Anheuser-Busch InBev's proposed purchase of Mexican brewer Grupo Modelo, which the government said could lead to higher beer prices for Americans.

THE BACKGROUND: It hurts Constellation's related $1.85 billion deal that would give it greater U. S. control of Corona and other beers. Constellation was to buy the remaining half of a joint venture with Grupo Modelo.

THE ISSUE: The government noted that Anheuser-Busch InBev could end a deal to supply Modelo brands to Constellation after 10 years and retain the Modelo brands and its brewing facilities.

About News.net

Publishing Services International Limited (PSIL) is the publisher and operator of a worldwide network of online news sites dedicated to delivering fair, accurate and relevant reporting from a variety of the world’s most trusted sources – from the biggest cities to the smallest towns.

We deliver positive and powerful messages to our readers, providing up‑to‑the‑second news that matters to the individual.

Our promise is to serve communities and individuals worldwide, delivering information that hasn’t always been available to them. We will give them back a voice – a voice that’s empowering because it is theirs – and provide a platform to communicate between themselves and the world.

We believe people are not just generic demographics; they are individuals with their own preferences and curiosities. We are about understanding these individuals, listening to them, and serving them.

We are the new pioneering spirit of news – we’re not talking to everyone, we’re talking with every one.

If you want your news, your voice, your way, on your time – we’ve got news for you.

 

FAQs

Email

If you have any questions or concerns please email us on support@news.net

Phone

  • Australia, Toll Free 1-800-983-421
  • Hong Kong, Toll Free 800-906-187
  • Singapore, Toll Free 800-852-3871
  • USA/Canada, Toll Free 1-800-830-4132

Advertise With Us

Interested in being awesome?
Contact us by email or phone.

Cancel