Be among trailblazing marketing pros at Brandweek this September 23–26 in Phoenix, Arizona. Experience incredible networking, insightful sessions and a boost of inspiration at ADWEEK’s ultimate brand event. Register by May 13 to save 35%.
CHICAGO Anheuser-Busch has 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, InBev’s chief executive, 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 said 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.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in