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cheapbag214s · Posted: Wed 8:12, 20 Nov 2013 Post subject: March 16

Brewers say they need until April 9 to resolve antitrust concerns
ST. LOUIS,[url=http://www.tinfoti.com]Christian Louboutin Men[/url], March 16 () -- Two major brewing companies told a U.S. court they need more time to work out merger terms that would resolve Department of Justice antitrust concerns.International beer-making giant Anheuser-Busch InBev and Mexican brewer Grupo Modelo said they had made "substantial progress" in carving out an agreement that would resolve the Justice Department's complaint that a merger between the two would do customers a disservice, the St. Louis Business Journal reported Saturday.A-B InBev and Grupo Modelo agreed in June to a $20.1 billion deal that would give A-B InBev the half of the Mexican company that it did not already own,[url=http://www.xirland.com]christian louboutin uk[/url], the newspaper said.The Justice Department said the deal "would substantially lessen competition in the market for beer in the United States," and filed a lawsuit in January to block the merger.The companies said in February they had agreed to modify the deal by allowing Constellation Brands to step in and buy a Grupo Modelo brewery and to own the rights for Corona and Modelo beer brands.The companies are working on revisions to that $2.9 billion deal, the Business Journal said.The companies say they will have a deal ready to present to the court by April 9. The court proceedings had already been pushed back to March 19.