First Offer Is Rejected Setting The Bar Higher, So To Speak So much for sitting in a bar afterward, holding up bottles of both Budweiser and Miller and toasting to a deal. SABMiller has rejected A-B InBev's first formal takeover offer as too low. A-B offered 40 pounds a share – more than what the shares were trading – on the London Stock Exchange where SABMiller is … [Read more...]
A-B InBev Moves Closer To Miller Takeover
Rival Beer Companies May Become Partners Anheuser-Busch InBev has gone from flirting with SABMiller to making a real pickup move, like a guy in a bar who spots a hot girl. It has asked banks to underwrite $70 billion in debt financing. This means A-B InBev is getting serious about acquiring what was once a primary rival. A takeover would not be completed until late … [Read more...]