:. Food Industry News

Categories: Mergers and Acquisitions

Anheuser-Busch Schedules Vote on InBev Takeover

Source: Reuters
07/10/2008

Los Angeles, Oct 7 - Anheuser-Busch Cos Inc investors on Nov 12 will cast their votes on its planned merger with InBev NV, according to a filing with the U.S. Securities and Exchange Commission on Monday.

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Anheuser-Busch, the maker of Budweiser and Michelob beer, said its board unanimously recommended shareholders approve its $52 billion takeover by Belgium's InBev, the maker of Stella Artois and Beck's.

InBev's shareholders in late September voted overwhelmingly in favor of buying Anheuser-Busch, a deal that would create the global leader in brewing.



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