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Anheuser-Busch declined InBev’s $46.3-billion acquisition bid this week calling the offer “financially inadequate.”
August Busch IV, president and CEO, stated in a letter sent to Carlos Brito, the Brussels-based brewer’s CEO, that the offer to buy the company’s outstanding common stock for $65 a share greatly undervalued the nation’s largest brewer. The response came after the Belgian company announced Thursday that it filed a lawsuit in a Delaware court that sought to embolden A-B shareholders to take the merger decision out of the hands of the St.
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