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InBev's Anheuser-Busch Bid Turns Hostile

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First Posted: 06-26-08 04:18 PM   |   Updated: 07- 4-08 05:12 AM

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Read More: Anheuser Buyout, Anheuser Sellout, Anheuser Takeover, Anheuser-Busch, Anheuser-Busch Hostile Bid, Budweiser, Budweiser Hostile Bid, Budweiser Merger, Inbev, InBev Hostile Bid, Business News
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DealBook:

InBev, the brewery based in Belgium, has begun a hostile bid to take over the Anheuser-Busch Companies.

In a statement, InBev said Thursday that it had filed a lawsuit in Delaware Chancery Court seeking to confirm that Anheuser shareholders can remove without cause all 13 board members.

The company said that it had started a $46.3 billion takeover for the Budweiser maker, but that its "strong preference" was to begin a constructive dialogue with the Anheuser's board to achieve "a friendly combination."

Read the whole story: DealBook

InBev, the brewery based in Belgium, has begun a hostile bid to take over the Anheuser-Busch Companies. In a statement, InBev said Thursday that it had filed a lawsuit in Delaware Chancery Court seek...
InBev, the brewery based in Belgium, has begun a hostile bid to take over the Anheuser-Busch Companies. In a statement, InBev said Thursday that it had filed a lawsuit in Delaware Chancery Court seek...
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- ratcityreprobate I'm a Fan of ratcityreprobate 4 fans permalink
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Anheuser-Busch has run rough-shod over the competition in the US peddling inferior products. A little dose of their own medicine will be good for them.

    Favorite    Flag as abusive Posted 09:51 AM on 06/27/2008
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