Constellation Brands Update

It looks like the discussion between Anheuser Busch InBev (Ticker: BUD), Grupo Medelo and Constellation Brands (Ticker: STZ) is going well with the Department of Justice. Anheuser Busch and the DOJ requested to postpone litigation until April 9^th so the talks can continue. From what I’ve read the tone of the talks have been positive and I see a very high probability that a settlement will be reached. Constellation Brands will be the prime beneficiary as it will gain the licensing of the Modelo brands such as Corona and will acquire a manufacturing facility. I’m still hanging tight to my shares in Constellation Brands and see more upside with an agreement with the DOJ. Constellation Brands currently make up ~ 25% of my portfolio.