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Jan 31, 2013
01/13
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CNBC
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, which was a 50/50 joint venture with grupo modelo and cost la constellation to constellation. prices in the u.s. as well, and they thought at the time hey, we're selling this, constellation is going to tone completely, they're paying $1.85 million, about 8.5 times crowns ebit for that deal and they claim a wide distribution as well to ensure the continuity of supply, quality of products, introduce innovations that would have given crown complete independent control and distribution marketing and pricing for all moddelo brands n the u.s. that's why you would not get an anti-trust enforcement, we're not setting prices for corona here for example in the u.s. constellation is. it was a very positive deal for constellation. now of course that deal is in question, hence constellation shares are declining rapidly. we'll see if this ends up in court. we'll see what occurs as a result of that. people are running through the complaint, not just the press release, they do seem to have a few e-mails internally, does the doj, certainly don't appear to be positive or at least argue for why
, which was a 50/50 joint venture with grupo modelo and cost la constellation to constellation. prices in the u.s. as well, and they thought at the time hey, we're selling this, constellation is going to tone completely, they're paying $1.85 million, about 8.5 times crowns ebit for that deal and they claim a wide distribution as well to ensure the continuity of supply, quality of products, introduce innovations that would have given crown complete independent control and distribution marketing...
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167
Jan 31, 2013
01/13
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CNBC
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. >> moving to block anheuser-busch's $20 billion deal to buy 50% of grupo modelo that it didn't already own. the biggest concern, the fact that the top three beer companies, anheuser-busch, number one, coors number two, and modelo number three, would have 52% of the beer. that pressure is exemplified to letters to ceo of crown imports. corona distributors owned by constellation brands. it says quote our number one competitor is now our supplier. it will not be going forward business as usual. government and merging parties discussed possible options to alleviate concerns by selling or shutting down some businesses. baer said they were just too far apart. now the justice department is preparing to go to trial instead. baer notified companies of the lawsuit which shocked investors and deal makers alike, many betting it would go through. >> so does the doj action, while trying to maintain competition, lessen the chance of more consolidation in the beverage business? on the cnbc newsline is harry shoemaker, editor of beer business daily. how do i get your job, first? but seriously, does thi
. >> moving to block anheuser-busch's $20 billion deal to buy 50% of grupo modelo that it didn't already own. the biggest concern, the fact that the top three beer companies, anheuser-busch, number one, coors number two, and modelo number three, would have 52% of the beer. that pressure is exemplified to letters to ceo of crown imports. corona distributors owned by constellation brands. it says quote our number one competitor is now our supplier. it will not be going forward business as...
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115
Jan 23, 2013
01/13
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KICU
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there's buzz brewing in the beer industry about an anheuser-busch in-bev buy out of mexico's grupo modelo. if the deal goes through, it would mean anheuser-busch, in-bev would control roughly 52% of the american beer market, and that number caught the eye of u.s. anti-trust regulators. on tap: a number of wall street analysts who are publicly wondering if the deal will go through at all. meanwhile, a major tech deal is said to be in the works. according to cnbc, microsft is in talks to invest $1 to $3 billion in dell. joining us via skype, rob enderle of the enderle group. good morning, and do you suspect a deal will happen here? > > i think it is certainly likely. microsoft has a tremendous amount of cash, that they often struggle with figuring out what to do strategically with. the end result is that dell is going to need a lot of cash to take the company private, and so they don't carry a substantial amount of debt. so the more equity cash we can get by investors, the less they have to carry, and the more profitable the resulting company will be. so this could be that one marriage made
there's buzz brewing in the beer industry about an anheuser-busch in-bev buy out of mexico's grupo modelo. if the deal goes through, it would mean anheuser-busch, in-bev would control roughly 52% of the american beer market, and that number caught the eye of u.s. anti-trust regulators. on tap: a number of wall street analysts who are publicly wondering if the deal will go through at all. meanwhile, a major tech deal is said to be in the works. according to cnbc, microsft is in talks to invest...
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Jan 31, 2013
01/13
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WETA
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eye 237
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government is moving to block budweiser's buyout of grupo modelo. constellation brands is a third company involved. as part of the deal, constellation wants to buyout 3%ugr modelo's share of a joint venture the two have. shares fell hard, dou 17.4%. it's buyout of the joint venture would double its revenues, something at risk now. a%. traded today after last night's earnings results. but after an early sell-off, the stock was able to erase most of today's losses ow end dn 0.8%. at least four analysts downgraded the sto aheftnd ter company reported a big jump in txpenses, pinching its pfi margins. research in motion also saw big volume, as shares sank 5.8%. it was the second session in a row of selling as the company unveiled its delayed blackberry 10, it's newest smartphone device. there was disappointment though the product won't be available of the u.s. until the mide march. speaking of smart-phones, wireless semic cdu orctompaor qualcomm rallied 3.9% ateom ar strong earnings report, and a a better than expected outlook. qualcomm has benefited from
government is moving to block budweiser's buyout of grupo modelo. constellation brands is a third company involved. as part of the deal, constellation wants to buyout 3%ugr modelo's share of a joint venture the two have. shares fell hard, dou 17.4%. it's buyout of the joint venture would double its revenues, something at risk now. a%. traded today after last night's earnings results. but after an early sell-off, the stock was able to erase most of today's losses ow end dn 0.8%. at least four...
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Jan 31, 2013
01/13
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WRC
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eye 194
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justice department is suing to stop the nation's largest beer seller anheuser busch from buying grupo modelothe government says the deal would reduce competition and lead to higher prices. americans spend $80 billion a year on beer, and bud light is the top seller. >>> the chicago teenager shot and killed, now police think they know why she got caught in the crossfire. >>> maryland lawmakers agree on one thing, how to make drivers happy. >>> plus the serial groper strikes >>> the search continues tonight for the gunman who shot and killed a 15-year-old in chicago days after she performed here at the inauguration in d.c. >> hadaya pchbdle ton was a bright stay tuned. she appeared in a antigang violence video on youtube. police think she was shot as part of a turf war. >> just looked, and there goes my best friend. >> reporter: kaline jones was with her when she was shot and killed tuesday afternoon. they were with a group of friends at vivien gordon harsh parked on 44th and oakenwad, when someone approached them. >> she was running, we were all running, because we heard the gunshots, and she
justice department is suing to stop the nation's largest beer seller anheuser busch from buying grupo modelothe government says the deal would reduce competition and lead to higher prices. americans spend $80 billion a year on beer, and bud light is the top seller. >>> the chicago teenager shot and killed, now police think they know why she got caught in the crossfire. >>> maryland lawmakers agree on one thing, how to make drivers happy. >>> plus the serial groper...
529
529
Jan 31, 2013
01/13
by
KDTV
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eye 529
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grupo armado por el reciente secuestro de dos policias. y la automotriz toyota llamo a revision a un millon 300 mil vehiculos por posibles fallos de las bolsas de aire en modelose es una macabra maldición. >> vamos con los detalles. >> desde el puente del incienso en ciudad de guatemala, muchas almas presas del infortunio se lanzan al vacío para acabar con su vida, no llevábamos ni medio minuto, un hombre se asoma, fuma un cigarrillo, tras cigarrillo. >> así llegan, lo piensan como hacerlo. >> el hombre pareciera que llora inconsolable. >> está llorando, llame. >> dos mujeres caminan, una de ellas trata de persudirlo con el bombero para que no salte. >> hay que dar oportunidad. >> corrimos hasta donde se encontraba el posible suicidia y en pocos minutos el cuerpo de bomberos también llegó. >> hablamos con ricardo quiñones, él nos dijo que perdió su trabajo y la mujer lo iba a abandonar. >> solo venía pensando en ella y caminando y en lo que ella me ha dicho, no quiere saber nada de mí. >> ¿está dispuesto a pedir ayuda?. >> no tengo los recursos. >> este es uno de los innumerables casos que se presentan acá en el puente. >> es una vez al día o tres veces por se
grupo armado por el reciente secuestro de dos policias. y la automotriz toyota llamo a revision a un millon 300 mil vehiculos por posibles fallos de las bolsas de aire en modelose es una macabra maldición. >> vamos con los detalles. >> desde el puente del incienso en ciudad de guatemala, muchas almas presas del infortunio se lanzan al vacío para acabar con su vida, no llevábamos ni medio minuto, un hombre se asoma, fuma un cigarrillo, tras cigarrillo. >> así llegan, lo...