Web Search powered by YAHOO! SEARCH
07.14.2008 9:25 am

A-B cost cuts: From Blue Ocean to deeper sea

St. Louis Post-Dispatch

With today’s official announcement of InBev’s $52 billion purchase of Anheuser-Busch, we’re learning some details that InBev hadn’t been willing to discuss before. One big number that stands out in the press release: $1.5 billion in expected cost savings by…

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...
07.11.2008 9:31 am

Time to mend fences with Brito

St. Louis Post-Dispatch

Various media outlets — the New York Times, Wall Street Journal and Bloomberg, to name a few — are reporting that merger negotiations have begun between InBev and Anheuser-Busch, with InBev apparently willing to raise its offer to $70 a share.…

1 Star2 Stars3 Stars4 Stars5 Stars (7 votes, average: 3 out of 5)
Loading ... Loading ...
07.10.2008 6:02 pm

The white cards vs. the blue cards

St. Louis Post-Dispatch

In dueling SEC filings, both InBev and Anheuser-Busch make clear that they don’t just want shareholders’ votes. They also want good information about their supporters’ intentions. 

InBev is asking shareholders to sign blue consent cards with “yes” votes on three proposals — one to oust…

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...
07.09.2008 12:48 pm

A-B board has met 6 times on InBev offer

St. Louis Post-Dispatch

Anheuser-Busch filed its consent-revocation statement today, the latest volley in its fight against InBev’s unsolicited offer. Boiled down, the document says shareholders should keep A-B’s current board because a proposed alternative slate would be beholden to InBev. A-B argues:

The…

1 Star2 Stars3 Stars4 Stars5 Stars (1 votes, average: 5 out of 5)
Loading ... Loading ...
07.08.2008 2:37 pm

A-B’s dividend is nice, but it’s not a defense

St. Louis Post-Dispatch

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…

1 Star2 Stars3 Stars4 Stars5 Stars (5 votes, average: 5 out of 5)
Loading ... Loading ...
07.08.2008 9:34 am

The removable-director question: 13, 5 or none?

St. Louis Post-Dispatch

 As I mention in today’s columnInBev’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…

1 Star2 Stars3 Stars4 Stars5 Stars (1 votes, average: 5 out of 5)
Loading ... Loading ...
07.07.2008 3:17 pm

A-B raises a Cuban question

St. Louis Post-Dispatch

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…

1 Star2 Stars3 Stars4 Stars5 Stars (3 votes, average: 3.67 out of 5)
Loading ... Loading ...
07.07.2008 10:02 am

Two InBev nominees sold shares as price rose

St. Louis Post-Dispatch

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…

1 Star2 Stars3 Stars4 Stars5 Stars (2 votes, average: 3 out of 5)
Loading ... Loading ...
07.07.2008 9:26 am

InBev’s stake in A-B: 100 shares

St. Louis Post-Dispatch

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…

1 Star2 Stars3 Stars4 Stars5 Stars (2 votes, average: 1.5 out of 5)
Loading ... Loading ...
07.02.2008 10:49 am

A-B says it “cannot accept flat market share”

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…

1 Star2 Stars3 Stars4 Stars5 Stars (3 votes, average: 3.33 out of 5)