Jul 7, 2008
InBev to file statement with SEC
Brewer InBev says it will file a statement with U.S. regulators seeking to remove the entire board of Anheuser-Busch, turning up the heat in its $46 billion unsolicited bid for its American rival.
It is proposing its own board for Anheuser, which includes Adolphus Busch IV, the uncle of CEO August Busch IV.
InBev said in a statement it would file a preliminary consent solicitation with the Securities and Exchange Commission later Monday.
The maker of Stella Artois claimed its hand has been forced because Anheuser has refused to enter takeover talks.
Read full story from The Associated Press
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