Buffett backs InBev bid, Belgian newspaper says
Belgian newspaper De Standard this morning is reporting that Warren Buffett is supporting InBev’s $47.5 billion takeover offer for Anheuser-Busch Cos.
Quoting sources, the paper says Buffett is willing to sell his A-B shares to the Belgian brewer. Buffett’s Berkshire Hathaway owns a 5 percent stake in the St. Louis-based brewer.
A spokeswoman at Berkshire Hathaway would not provide comment to De Standard for its story.
Buffett’s support for the deal could smooth the way for InBev’s effort to buy the St. Louis-based brewer. InBev is offering $65 a share for A-B.
British newspaper The Observer reported Sunday that the billionaire plans to meet with A-B CEO August A. Busch IV this week to discuss the InBev offer.
Citing its anonymous sources, The Observer reported that Buffett believes the Busch family should consider discussions with InBev rather than reject the bid outright.


John, you are an idiot. How can you believe saving a company like AB is not as important as having good economic policy. AB is an establish corporating who employs a great deal of people in St. Louis. Last time i checked there are no companies lined up to move their headquarters here, all i have seen is companies leaving st. louis. But it is people like you who have no clue what establised large corporations mean to the local economy here is St. Louis. You guys can think and wish all you want about companies waiting to move here because of what our economic policies may or maynot be. I am glad that you have given up on the identity of St. Louis and the hard working people. Way to Go Genius!!