Crown Loses its Baggage

April 22, 2013 Dear Client: Since the ABI - Modelo - Constellation three-way deal was announced last June, it's been quite a topsy turvy ride for everybody involved, and a few surprises. When the deal was announced, most analysts were very bullish that the deal would pass antitrust muster with the US authorities, underestimating the zeal of the current administration's competition hawks. On the other hand, others speculated that the DOJ would eventually force A-B to sell off brands (Michelob