Does A-B Have Leverage with Modelo?

Wall Street is a'buzz with the interesting possibilities rumored to be on the brink of happening, a la A-B/Modelo/Barton and even InBev. Analysts' modeling computers have been smoking this week as they attempt to divine how the possible structures could affect profitability at each brewer.Carlos Laboy at Bear Stearns, who has considerable Latin American beverage experience, writes his take on a possible Modelo/A-B/Barton (and maybe even InBev USA) mashup.One interesting point we missed: Carlos remembers that Anheuser-Busch's and Grupo Modelo's