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Justice Department to allow AB Inbev-Modelo merger

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(Globalpost/GlobalPost)

The Department of Justice Friday said it had approved the merger between Anheuser-Busch InBev and Grupo Modelo following a settlement that resolves anti-competitiveness concerns.

Under the proposed settlement, the companies must divest Modelo's entire US business, including the licenses of Corona beer and other beer products, to Consetellation Brands.

jmb/pmh

http://www.globalpost.com/dispatch/news/afp/130419/justice-department-allow-ab-inbev-modelo-merger