March 11, 2013Dear Client:Talks between Modelo, ABI, Constellation and the Justice Department are "progressing smoothly with exchanges of documents and information," says Bloomberg citing two people familiar with the deal.The key: The DOJ is looking over Constellation's plans to increase the capacity of the Piedras Negras brewery by 70%, to make sure they can do it and it's viable. Having that independent supply is key to the approval of the deal. But an agreement may not be hashed out by
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