AB InBev To Acquire Remaining Stake In Grupo Modelo - Anheuser-Busch InBev (NYSE:BUD)

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.

Anheuser-Busch InBev (NYSE: BUD) announced its plans to buy the remaining stake in Grupo Modelo SAB (OTC: GPMCY) for $9.15 per share in a transaction worth $20.1 billion. The offer price represents a premium of about 30% to Grupo Model's closing price on June 22. AB InBev already owns a 50% stake in Grupo Modelo.Anheuser-Busch InBev shares closed at $73.79 yesterday, while Grupo Modelo shares closed at $85.92 yesterday.

27% profit every 20 days?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!