2 hrs ago
|
The Associated Press
|
The Associated Press
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.
7 hrs ago | The US Market Blog
Wall Street Breakfast: Must-Know News
Tough day for Europe banks. UBS is down 4.65% in pre-market trading to a new 10 year low after it failed to address concerns about further writedowns, despite unveiling major changes to its board.
Introducing InBev, the stranger you already know so well
The name InBev certainly doesn't conjure up images of barroom buddies hoisting foamy steins to celebrate a promotion or softball victory.
Anheuser-Busch Won't Ground Exec Jets
Anheuser-Busch may be trying to cut costs to fend off rival InBev's $46 billion takeover offer, but it still plans to keep its fleet of executive jets and corporate helicopters.
The Associated Press
|
The Associated Press
The buck doesn't stop here; it just keeps falling
Things in the U.S. sure are tough. Brother, can you spare a euro? Brazilian Supermodel Gisele Bundchen no longer wants to be paid in dollars. Signs saying 'We accept euros' are cropping up in the windows of some Manhattan retailers. A Belgium company is trying to gobble up St. Louis-based Anheuser-Busch, the nation's largest brewer and iconic Super Bowl advertiser.
The almighty dollar is mighty no more. It has been declining steadily for six years against other major currencies, undercutting its role as the leading international banking currency. The long slide is fanning inflation at home and playing a major role in the run-up of oil and gasoline prices everywhere.
St. Joseph News-Press, St. Joseph, MO
Earlier in my career, I worked with a guy, a native St. Louisan, who claimed a weakness for the smell of processed hops.
Live Off the Levee? Fair St. Louis, Live on the Levee Moving
From Celebrate St. Louis: Due to Flooding on the Mississippi River, Fair Saint Louis...LIVE on the Levee will be held in the Soldier's Memorial area of downtown St.
Press Release News From 24-7 Press Re...
Veronica Siddell Inducted into Cambridge Who's Who Executive,...
Ms. Siddell excels in ensuring customer satisfaction, analyzing and reporting data, banking, strategic planning and conflict management.
What's Anheuser-Busch worth? Well, that all depends who you ask. According to InBev 's bid, the answer is a cut-and-dried $65 per share.
Disparate worlds connect through tavern's tap
APPLETON - The barrel was dated 29APR08. Bearing an Anheuser-Busch logo at its rim and a small white sticker no bigger than a bottle label to distinguish it from nine other kegs, it sat out of sight - just to ...
American Airlines parent AMR Corp. will record costs of almost $1.3 billion in the second quarter to reduce the value of aircraft it will park and to pay severance to employees who lose their jobs as it cuts ...
- Alcopop' brewer must change recipes
Two controversial energy drinks that contain alcohol, known as alcopops, will be reformulated by Anheuser-Busch as part of a national agreement with the Maryland Attorney General's Office and others.
VIDEO: Hostile Take-Over Investing
60-Second Buzz: Anheuser Busch has big plans to win over its stockholders, but InBev of Belgium keeps building its case to take over.
Cause of decline in Hansen Natural stock price unclear
Much like the highs and eventual lows that come with drinking one of its well-known energy drinks, Corona-based Hansen Natural has seen its stock swing up only to fall right back down in the past 52 weeks.
InBev takeover adds millions to executives' severance
Anheuser-Busch Cos. executives may fret about InBev's proposed takeover, but a deal would mean a big payout for senior managers.
Dangerous Beverages Taken off the Market
Following criticism and investigation by 11 state attorneys general, Anheuser-Busch agreed June 26 to cease producing caffeinated alcohol beverages.
Budvar registers trademark in Hong Kong
Czech brewery Budejovicky Budvar NP said Thursday it had registered its trademark in Hong Kong after its rival, U.S.-based Anheuser-Busch, withdrew its objections.
Stay Aggressive, Anheuser-Busch Exec Urges Distributors
A top executive at Anheuser-Busch Cos. urged employees and distributors to stay focused as the company maneuvers through a $47.5 billion takeover proposal by a larger rival, InBev of Belgium.
BUDWEISER brewer Anheuser-Busch has rejected a 23.3 billion takeover bid by rival brewer InBev.
There will be little relief for financial stocks when trading resumes Monday as bad news continue to hammer the sector.