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InBev aims to sack Anheuser board

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Belgian brewer InBev is to try and oust the entire board of Anheuser-Busch in its latest attempt to push through a hostile takeover of its rival brewer.

InBev, best know for Stella Artois, is trying to pay $46bn (£23bn) for the Budweiser brewer.

It says it will call on Anheuser to ask its shareholders if they want to replace the 13 current board members.

The proposed replacement board would include Adolphus A Busch IV, the uncle of Anheuser-Busch's chief executive.

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{"commentId":2136870,"authorDomain":"redwolf"}

A Belgian brewer owning Anheuser-Busch? I wonder if that means they'll finally start making beer.

{"commentId":2136870,"threadId":"308328","contentId":"1646226","authorDomain":"redwolf"}
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Reply#1 - Mon Jul 7, 2008 8:12 PM EDT
{"commentId":2147274,"authorDomain":"sdelfendahl"}

Probably the same guy who complains about gas prices and buys stock in oil. Anheuser-busch is america, and is a really good beer. Keep drinking those foreign beers. That sure will help the dollar.

{"commentId":2147274,"threadId":"308328","contentId":"1646226","authorDomain":"sdelfendahl"}
    Reply#2 - Wed Jul 9, 2008 12:21 AM EDT
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