When Anheuser-Busch InBev merged with Corona parent company Grupo-Modelo, it had to sell the U.S. rights to the popular beer to another company in order to abide by a Justice Department requirement to keep the marketplace fair and competitive. To fill that Corona-shaped hole in your heart, Budweiser’s parent company is now bringing Jalisco Estrella across the border and into American stores and bars. [More]
A few weeks back it seemed likely that the Department of Justice would let loose a little and allow Anheuser-Busch InBev to merge with Grupo-Modelo, and now it’s official. The DOJ announced today that it had approved the merger after a settlement soothed its fears over anti-competitiveness. Or maybe Anheuser just kept plying it s new BFF with drinks until it agreed.*
Though Anheuser-Busch InBev may have failed in its Worst Company In America battle against Electronic Arts, the beer behemoth is getting much closer to owning even more big-name beer brands, saying it has reached an agreement in principle with the Dept. of Justice that would allow it to acquire the rest of Mexico’s Grupo Modelo. [More]
Last summer, Anheuser-Busch InBev NV continued its attempt to buy every beer in the bar by buying a controlling interest in Grupo Modelo, the folks behind Corona, Modelo, and Pacifico, among others. But today, the Justice Dept. decided that AB InBev might be getting too drunk on beer company acquisitions. [More]
Do you prefer a Corona Extra over a good ol’ Bud? Soon those two very different beers could be brethren under the giant umbrella of Anheuser-Busch InBev, as the company is reportedly close to buying the half of Grupo Modelo it doesn’t own already. One big beery family.