ABI, Modelo Confirm Talks

June 26, 2012Dear Client: Both A-B and Grupo Modelo issued statements yesterday basically saying that, yes, they have had talks which "may or may not lead to a transaction and any speculation on terms and conditions is therefore premature." But as they say, where there is smoke, there is fire. When somebody leaks a story like this on a Sunday evening to two leading financial publications simultaneously (WSJ and Bloomberg), you know the leak was intentional and planned, albeit probably