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Constellation's Shares Soar on Revised Beer Deal

Shares of Constellation Brands soared on investor hopes that a $20.1 billion tie-up between beer giants Anheuser-Bush InBev and Grupo Modelo will gain approval from U.S. regulators after the companies revised deal terms. That would mean a lucrative side deal with Constellation, giving the wine and liquor company total control of the production of Corona and other Modelo beers sold in the U.S. (WSJ/AP)