Crossroads

At the intersection of technology, finance and the Pacific Rim.

Friday, July 11, 2008

Latest in AB & InBev

You get in the ring, knock each other around, and then you embrace. The NY Times reported:

In a reversal of its previous hostility to the idea, Anheuser-Busch
is in active talks to sell itself to the Belgian brewer InBev
in a friendly deal, people briefed on the matter said Thursday night.

Exact terms of the potential deal could not be
learned, but one person said that InBev had indicated that it would be willing
to pay more than the $65 a share it had originally offered. People briefed on
the deal cautioned that the talks might still break down

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