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InBev Sued by U.S. to Block $20 Billion Grupo Modelo Deal

Anheuser-Busch InBev NV and U.S. regulators are proceeding with talks to allow the company to acquire Grupo Modelo SAB even after the government filed a lawsuit to stop it, said people familiar with the matter.

The U.S. Justice Department brought the suit today because a deadline was looming to end its investigation and because it allows the government to keep its options open, according to one of the people, who asked not to be identified because the process is private. The parties haven’t fallen into intractably hostile camps, that person said.