07.02.2008 10:49 am
St. Louis Post-Dispatch
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…

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07.01.2008 2:48 pm
St. Louis Post-Dispatch
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…

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06.27.2008 10:15 am
St. Louis Post-Dispatch
One of the more interesting questions on this morning’s Anheuser-Busch conference call was about the company’s existing arrangement with InBev in the United States. A-B distributes many InBev brands, including Stella Artois and Beck’s, and they’ve been doing well. Both…

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06.27.2008 10:02 am
St. Louis Post-Dispatch
I said this morning that Anheuser-Busch would need more than a just-say-no defense to retain shareholders’ loyalties, and today’s conference call with analysts did contain some promising pieces of news. (Check out our Business News blog for my colleague Tim Logan’s live account…

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06.26.2008 12:36 pm
St. Louis Post-Dispatch
InBev has been silky smooth in all of its communications with the Anheuser-Busch board, but a legal action today is a strong signal that it’s willing to commence a hostile takeover. InBev says in a press release that it has filed a case…

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06.24.2008 2:09 pm
St. Louis Post-Dispatch
Everyone seems to believe that Mexico’s Grupo Modelo will play a pivotal role in the outcome of InBev’s attempt to buy Anheuser-Busch. As such, speculation ran rampant when Modelo’s CEO left the A-B board last week. Was he having trouble…

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06.19.2008 2:12 pm
St. Louis Post-Dispatch
St. Louis Mayor Francis Slay says he had a “cordial and clear” phone conversation today with InBev Chief Executive Carlos Brito. The “clear” part was his opposition to InBev’s bid for Anheuser-Busch:
InBev has promised to keep the North American headquarters in St.…

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06.18.2008 11:04 am
St. Louis Post-Dispatch
The organizers of SaveAB.com, whose previous efforts to stop a certain brewery merger consisted mostly of posting an online petition and wrapping themselves in the flag, posted a statement yesterday that criticizes a member of InBev’s board.
The director, Jean-Luc Dehaene,…

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06.17.2008 9:37 am
St. Louis Post-Dispatch
Anheuser-Busch isn’t the only big brewer that’s a takeover target at the moment, Bloomberg reports today. It cites an analyst’s report that says SABMiller may be bought and split up within three years.
The analyst is Gerard Rijk of ING…

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06.17.2008 9:14 am
St. Louis Post-Dispatch
In the drama surrounding InBev’s attempt to buy Anheuser-Busch,Warren Buffett is the $2.3 billion man. That’s the value of his 4.9 percent stake in A-B, assuming InBev’s $65-a-share offer goes through.
Naturally, everybody is scrambling to find out whether he favors…

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