Ever since the Anheuser-Busch takeover saga started, I’ve been getting questions from A-B shareholders who say we’ve ignored the role of dividends in all of this. The general tone is this: I don’t need to jump at a $65-a-share offer, because…
As I mention in today’s column, InBev’s attack on Anheuser-Busch’s board will hinge on the question of how many A-B directors are subject to removal by shareholders. The process InBev is using, called written consent, involves shareholders voting to remove the existing board…
Anheuser-Busch responded today to InBev’s planned effort to oust the A-B board, calling it a “self-serving effort by InBev” to buy A-B for a bargain price.
A-B said it will file a consent-revocation statement in a few days with “additional specific…
As part of its effort to oust the Anheuser-Busch board, Inbev had to tell the SEC about any transactions in A-B shares by the people it wants to put on the board. It’s interesting reading, and it may provide some insight…
The battle has been joined: InBev launched an effort today to oust Anheuser-Busch’s entire board of directors. To do so, InBev had to actually be an A-B shareholder. So, the Belgian company discloses in an SEC filing today, InBev bought 100 shares of…
Clayton-based Enterprise Rent-A-Car earns a positive mention in a Wall Street Journal story about profit warnings at two rivals, Avis and Dollar Thrifty. Those two companies are suffering from a decline in air travel, but Enterprise relies mostly on neighborhood locations, not…
Sarah Steelman’s about-face on ethanol makes this a good time to look at the costs and benefits of the E-10 mandate that Missouuri enacted in 2006. As it happens, both the Missouri Corn Merchandising Council and the Show-Me Institute have studied the…
In presenting a higher earnings projection last week, Anheuser-Busch Chief Financial Officer Randy Baker emphasized how conservative the new number was. ”While increasing market share continues to be our objective, our strategic plan does not rely on increased market share and assumes level…
InBev’s lawsuit over a possible hostile takeover strategy seemed to have August Busch IV a little flustered on Friday. When asked about the main point of the suit — whether shareholders, by written consent, can seek to remove all of A-B’s directors…
Solar Night Industries, a quirky St. Louis outfit that touted itself as a “national modern energy company,” apparently has been unplugged. The company issued a terse statement Friday saying that ”a foreclosure of all of the assets by the Company’s lenders has…



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