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Anheuser-Busch InBev (NYSE:BUD) nears an agreement to purchase the Mexican brewing company Grupo Modelo for more than $12 billion, while shares of rival SABMiller (SBMRY.PK) tumble in London. The likely acquisition would also provide a closer relationship between BUD and Constellation Brands (NYSE:STZ), which is in a joint distribution venture with Modelo. BUD shares were halted for a time Monday, but later moved up a bit; the company has said, however, that speculation that the deal is finalized is premature.
Earnings Report: Family Dollar Stores Third Quarter Earnings Sneak Peek.
It’s official: Microsoft (NASDAQ:MSFT) has acquired Yammer for $1.2 billion, in an all-cash transaction. Public relations reports that Yammer has more than 5 million corporate users, and speculates that Yammer’s enterprise social networking platform will complement SharePoint, Office 365, Dynamics, and Skype.
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