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Constellation's shares soar on revised beer deal
date:Feb 17, 2013
Shares of Constellation Brands soared on investor hopes that a $20.1 billion tie-up between beer giants Anheuser-Bush InBev and Grupo Modelo will gain approval from U.S. regulators after the companies revised deal terms.

That would mean a lucrative side deal with Constellation, giving the wine and liquor company total control of the production of Corona and other Modelo beers sold in the U.S.

The Department of Justice in January sued to block the combination, saying having one company controll

12/25 11:26