February 3, 2013

Anheuser-Busch to buy Grupo Modelo?

Anheuser-Busch InBev has made a bid to purchase Grupo Modelo, the maker of Corona. The Justice Department has filed suit to block the merger, stating that the two companies account for 46% of the $80 billion of annual beer sales in the US, and contends that this is too large of a share of the market.