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Anheuser spurns InBev takeover bid: Belgian brewer will try to unseat Bud maker's board

Authors :
Kesmodel, David
Karnitschnig, Matthew
Source :
Wall Street Journal. Europe. June 27, 2008, B3
Publication Year :
2008

Abstract

Claiming it undervalues the company and its resources, Anheuser-Busch Cos. rejected a $46.25 billion offer from Belgian-Brazilian beverage giant InBev N.V. after InBev took steps to replace Anheuser's 13-member board. Article discusses Anheuser's financial standing, stock value, relations with shareholders, and prospects for acceptance of InBev's offer.

Details

Language :
English
ISSN :
09219986
Database :
Gale General OneFile
Journal :
Wall Street Journal. Europe
Publication Type :
News
Accession number :
edsgcl.180720863