As of 8:04 PM 05/16/13 All times are local (Market data is delayed by at least 15 minutes).


Constellation%20Brands%20Inc.%20%28NYSE%3ASTZ%29%20entered%20into%20a%20stock%20purchase%20agreement%20to%20acquire%20Compa%F1ia%20Cervecera%20De%20Coahuila%20S.A.%20De%20C.V%20from%20rupo%20Modelo%2C%20S.A.B.%20de%20C.V.%20%28BMV%3AGMODELO%20C%29%20for%20%242.9%20billion%20on%20February%2013%2C%202013.%20Constellation%20has%20fully%20committed%20bridge%20financing%20in%20place%20to%20complete%20these%20acquisition%20activities.%20Permanent%20financing%20is%20expected%20to%20consist%20of%20a%20combination%20of%20senior%20notes%20and%20term%20loans%2C%20with%20the%20remainder%20of%20the%20funding%20coming%20from%20the%20company%u2019s%20existing%20revolving%20credit%20facility%2C%20accounts%20receivable%20securitization%20facility%20and%20available%20cash.%20Under%20the%20terms%20of%20agreement%2C%20approximately%20600%20employees%20at%20the%20Piedras%20Negras%20facility%20will%20continue%20to%20be%20employed%20at%20the%20brewery%20by%20Cervecera%20De%20Coahuila%20S.A.%20De%20C.V.%20If%20the%20transaction%20is%20terminated%2C%20Anheuser-Busch%20InBev%20must%20pay%20%24117%20million%20to%20Constellation.%0D%0A%0D%0AThe%20deal%20is%20subject%20to%20completion%20of%20the%20acquisition%20of%2049.7%25%20stake%20in%20Grupo%20Modelo%2C%20S.A.B.%20de%20C.V.%20%28BMV%3AGMODELO%20C%29%20by%20Anheuser-Busch%20InBev%20SA/NV%20%28ENXTBR%3AABI%29%2C%20antitrust%20and%20regulatory%20approvals%20in%20the%20U.S.%20and%20Mexico%20and%20other%20customary%20closing%20conditions.%20As%20of%20April%206%2C%202013%2C%20Both%20parties%20reached%20an%20agreement%20in%20principle%20with%20the%20U.S.%20Department%20of%20Justice%20allowing%20extension%20of%20the%20present%20stay%20of%20proceedings%20until%20April%2023%2C%202013%2C%20to%20finalize%20proposed%20consent%20judgment.%20The%20transaction%20was%20approved%20by%20U.S.%20Department%20of%20Justice%20on%20April%2019%2C%202013.%20The%20transaction%20is%20expected%20to%20close%20in%20June%202013.%0D%0A%0D%0ASteve%20Lipin%20and%20Stan%20Neve%20of%20Brunswick%20Group%20acted%20as%20public%20relation%20advisors%20for%20the%20transaction.%20Merrill%20Lynch%20%26%20Co.%20acted%20as%20the%20financial%20advisor%20for%20Constellation.%20Francis%20J.%20Aquila%2C%20George%20J.%20Sampas%2C%20Krishna%20Veeraraghavan%2C%20Joel%20Alfonso%2C%20Mary%20J.%20Grendell%2C%20Jinhee%20Chung%2C%20Matthew%20B.%20Goodman%2C%20Nader%20A.%20Mousavi%2C%20Rita%20M.%20Carrier%2C%20Jason%20J.%20McInnes%20and%20John%20E.%20Estes%20of%20Sullivan%20%26%20Cromwell%20LLP%20acted%20as%20legal%20advisors%20for%20Anheuser-Busch.%20Lazard%20Ltd.%20%28NYSE%3ALAZ%29%20acted%20as%20a%20financial%20advisor%20to%20Anheuser-Busch.%20McDermott%20Will%20%26%20Emery%20LLP%20and%20Jim%20Bourdeau%2C%20Jeff%20LaBarge%2C%20John%20Moragne%2C%20Craig%20Mills%2C%20Sarah%20Abel%2C%20John%20LaBoda%2C%20Paul%20Schrier%20and%20JR%20Garabaldi%20of%20Nixon%20Peabody%20LLP%20acted%20as%20legal%20advisors%20to%20Constellation%20Brands%20Inc.%20Kenyon%20LLP%20acted%20as%20legal%20advisors%20in%20the%20deal.%20Paul%20Schnell%2C%20Thomas%20Greenberg%20and%20Marie%20Gibson%20of%20Skadden%2C%20Arps%2C%20Slate%2C%20Meagher%20%26%20Flom%2C%20L.L.P.%20acted%20as%20legal%20advisors%20for%20Grupo%20Modelo%2C%20S.A.B.%20de%20C.V.%20Baker%20%26%20McKenzie%2C%20LLP%20acted%20as%20legal%20advisor%20for%20Constellation%20Brands.
Constellation%20Brands%20Inc.%20%28NYSE%3ASTZ%29%20entered%20into%20a%20stock%20purchase%20agreement%20to%20acquire%20Compa%F1ia%20Cervecera%20De%20Coahuila%20S.A.%20De%20C.V%20from%20rupo%20Modelo%2C%20S.A.B.%20de%20C.V.%20%28BMV%3AGMODELO%20C%29%20for%20%242.9%20billion%20on%20February%2013%2C%202013.%20Constellation%20has%20fully%20committed%20bridge%20financing%20in%20place%20to%20complete%20these%20acquisition%20activities.%20Permanent%20financing%20is%20expected%20to%20consist%20of%20a%20combination%20of%20senior%20notes%20and%20term%20loans%2C%20with%20the%20remainder%20of%20the%20funding%20coming%20from%20the%20company%u2019s%20existing%20revolving%20credit%20facility%2C%20accounts%20receivable%20securitization%20facility%20and%20available%20cash.%20Under%20the%20terms%20of%20agreement%2C%20approximately%20600%20employees%20at%20the%20Piedras%20Negras%20facility%20will%20continue%20to%20be%20employed%20at%20the%20brewery%20by%20Cervecera%20De%20Coahuila%20S.A.%20De%20C.V.%20If%20the%20transaction%20is%20terminated%2C%20Anheuser-Busch%20InBev%20must%20pay%20%24117%20million%20to%20Constellation.%0D%0A%0D%0AThe%20deal%20is%20subject%20to%20completion%20of%20the%20acquisition%20of%2049.7%25%20stake%20in%20Grupo%20Modelo%2C%20S.A.B.%20de%20C.V.%20%28BMV%3AGMODELO%20C%29%20by%20Anheuser-Busch%20InBev%20SA/NV%20%28ENXTBR%3AABI%29%2C%20antitrust%20and%20regulatory%20approvals%20in%20the%20U.S.%20and%20Mexico%20and%20other%20customary%20closing%20conditions.%20As%20of%20April%206%2C%202013%2C%20Both%20parties%20reached%20an%20agreement%20in%20principle%20with%20the%20U.S.%20Department%20of%20Justice%20allowing%20extension%20of%20the%20present%20stay%20of%20proceedings%20until%20April%2023%2C%202013%2C%20to%20finalize%20proposed%20consent%20judgment.%20The%20transaction%20was%20approved%20by%20U.S.%20Department%20of%20Justice%20on%20April%2019%2C%202013.%20The%20transaction%20is%20expected%20to%20close%20in%20June%202013.%0D%0A%0D%0ASteve%20Lipin%20and%20Stan%20Neve%20of%20Brunswick%20Group%20acted%20as%20public%20relation%20advisors%20for%20the%20transaction.%20Merrill%20Lynch%20%26%20Co.%20acted%20as%20the%20financial%20advisor%20for%20Constellation.%20Francis%20J.%20Aquila%2C%20George%20J.%20Sampas%2C%20Krishna%20Veeraraghavan%2C%20Joel%20Alfonso%2C%20Mary%20J.%20Grendell%2C%20Jinhee%20Chung%2C%20Matthew%20B.%20Goodman%2C%20Nader%20A.%20Mousavi%2C%20Rita%20M.%20Carrier%2C%20Jason%20J.%20McInnes%20and%20John%20E.%20Estes%20of%20Sullivan%20%26%20Cromwell%20LLP%20acted%20as%20legal%20advisors%20for%20Anheuser-Busch.%20Lazard%20Ltd.%20%28NYSE%3ALAZ%29%20acted%20as%20a%20financial%20advisor%20to%20Anheuser-Busch.%20McDermott%20Will%20%26%20Emery%20LLP%20and%20Jim%20Bourdeau%2C%20Jeff%20LaBarge%2C%20John%20Moragne%2C%20Craig%20Mills%2C%20Sarah%20Abel%2C%20John%20LaBoda%2C%20Paul%20Schrier%20and%20JR%20Garabaldi%20of%20Nixon%20Peabody%20LLP%20acted%20as%20legal%20advisors%20to%20Constellation%20Brands%20Inc.%20Kenyon%20LLP%20acted%20as%20legal%20advisors%20in%20the%20deal.%20Paul%20Schnell%2C%20Thomas%20Greenberg%20and%20Marie%20Gibson%20of%20Skadden%2C%20Arps%2C%20Slate%2C%20Meagher%20%26%20Flom%2C%20L.L.P.%20acted%20as%20legal%20advisors%20for%20Grupo%20Modelo%2C%20S.A.B.%20de%20C.V.%20Baker%20%26%20McKenzie%2C%20LLP%20acted%20as%20legal%20advisor%20for%20Constellation%20Brands.
Set From and To dates to define custom date range.
Date Range for Stats (05/20/2013 to 05/20/2013)
|
|
0 Number of Dividends Paid
$0.00 Dividends Paid Per Period
|
|
Stock Quotes
Market data is delayed at least 15 minutes.
| Recently Viewed |
|
STZ/B:US
|
$52.03 USD |
0.00 |
 |
COMPETITOR HISTORICAL STOCK QUOTES
Day VS. Day Stock Price Comparison
| | | |
| Open | | |
| High | | |
| Low | | |
| Close | | |
| Volume | | |
Sponsored Financial Commentaries
Sponsored Links