[SeMissourian.com] Partly Cloudy ~ 76°F  
River stage: 22.22 ft. Rising
Saturday, Apr. 18, 2015

AB asks shareholders to reject InBev proposal

Wednesday, July 9, 2008

ST. LOUIS (AP) — Anheuser-Busch Cos. Inc. is asking its shareholders to reject a proposal from Belgian brewer InBev to replace Anheuser-Busch’s board of directors.

On Wednesday, Anheuser-Busch filed a consent solicitation with the Securities and Exchange Commission that outlines why shareholders should reject InBev’s proposal.

The filing says Anheuser-Busch should keep its current board because it will represent the interests of shareholders more than a board that is hand-picked by InBev.

The Belgian brewer made an unsolicited offer to buy Anheuser-Busch for $46 billion. The company’s board has rejected the bid, saying it is too low.

InBev asked shareholders this week to fire all 13 of Anheuser-Busch’s directors and replace them with a slate chosen by InBev.


Fact Check
See inaccurate information in this story?


Comments
Note: The nature of the Internet makes it impractical for our staff to review every comment. If you feel that a comment is offensive, please Login or Create an account first, and then you will be able to flag a comment as objectionable. Please also note that those who post comments on semissourian.com may do so using a screen name, which may or may not reflect a website user's actual name. Readers should be careful not to assign comments to real people who may have names similar to screen names. Refrain from obscenity in your comments, and to keep discussions civil, don't say anything in a way your grandmother would be ashamed to read.

Interesting website:http://budwatch.com/

-- Posted by tlc2cann on Fri, Jul 11, 2008, at 6:03 PM


Respond to this story

Posting a comment requires free registration. If you already have an account on seMissourian.com or semoball.com, enter your username and password below. Otherwise, click here to register.

Username:

Password:  (Forgot your password?)

Your comments:
Please be respectful of others and try to stay on topic.