Constellation Brands Statement Regarding Discussions with DOJ
2013年3月16日 - 5:09AM
VICTOR, N.Y., March 15, 2013
- Constellation Brands, Inc. (NYSE: STZ and STZ.B), Anheuser-Busch
InBev (Euronext: ABI; NYSE: BUD), Grupo Modelo, S.A.B. de C.V.
(BMV: GMODELOC), and Crown Imports LLC have made substantial
progress in their discussions with the U.S. Department of Justice
toward resolution of the Department of Justice's litigation,
relating to AB InBev's proposed acquisition of the remaining stake
in Grupo Modelo it does not already own, based on the terms of the
revised transaction announced on Feb. 14, 2013.
Today, the companies and the Department of Justice
jointly approached the Court to request an extension of the stay on
their current litigation, currently due to expire on March 19,
2013, to April 9, 2013. The parties agree that an extension of the
current stay will likely enable the parties to complete their
discussions. If the parties reach an agreement, they will file a
proposed consent judgment and related documentation with the Court.
There can be no assurance that the ongoing discussions will be
successful.
About Constellation
Brands
Constellation Brands is the world's leading
premium wine company that achieves success through an unmatched
knowledge of wine consumers, storied brands that suit varied lives
and tastes, and more than 4,400 talented employees worldwide. With
a broad portfolio of widely admired premium products across the
wine, beer and spirits categories, Constellation's brand portfolio
includes Robert Mondavi, Clos du Bois, Kim Crawford, Inniskillin,
Franciscan Estate, Mark West, Ruffino, Simi, Estancia, Corona
Extra, Black Velvet Canadian Whisky and SVEDKA Vodka.
Constellation Brands (NYSE: STZ and STZ.B) is a
S&P 500 Index and Fortune 1000® company with more than 100
brands in our portfolio, sales in about 100 countries and
operations in approximately 40 facilities. The company believes
that industry leadership involves a commitment to our brands, to
the trade, to the land, to investors and to different people around
the world who turn to our products when celebrating big moments or
enjoying quiet ones. We express this commitment through our vision:
to elevate life with every glass raised. To learn more about
Constellation, visit the company's website at www.cbrands.com.
CONTACTS |
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Media
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Angela Howland Blackwell:
585-678-7141
Cheryl Gossin: 585-678-7191 |
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Investor Relations |
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Patty Yahn-Urlaub: 585-678-7483
Bob Czudak: 585-678-7170 |
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information contained therein.
Source: Constellation Brands Inc via Thomson Reuters
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