24/7 Wall St.
06-26-2008, 07:08 AM
24/7 Wall St. Daily News
Anheuser-Busch (BUD) is threatened by an InBev takeover like its home city of St. Louis is menaced by the rain-swollen Mississippi. But, BUD took its first step to save itself by rejecting InBev's $46.3 billion offer. The company's board thinks it can improve "shareholder value" on its own. That is not likely and it points to a breakdown in the ethics of board members faced with an rich offer to buy the company they control. No one with an abacus or calculator could possibly make the case that BUD can get its business in order in a way that would...http://feeds.feedburner.com/~f/typepad/RyNm?i=cZDi8I</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=cZDi8I) http://feeds.feedburner.com/~f/typepad/RyNm?i=HjiusI</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=HjiusI) http://feeds.feedburner.com/~f/typepad/RyNm?i=bpHDii</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=bpHDii)
complete story here... (http://www.247wallst.com/2008/06/bud-an-ethical.html)
Anheuser-Busch (BUD) is threatened by an InBev takeover like its home city of St. Louis is menaced by the rain-swollen Mississippi. But, BUD took its first step to save itself by rejecting InBev's $46.3 billion offer. The company's board thinks it can improve "shareholder value" on its own. That is not likely and it points to a breakdown in the ethics of board members faced with an rich offer to buy the company they control. No one with an abacus or calculator could possibly make the case that BUD can get its business in order in a way that would...http://feeds.feedburner.com/~f/typepad/RyNm?i=cZDi8I</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=cZDi8I) http://feeds.feedburner.com/~f/typepad/RyNm?i=HjiusI</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=HjiusI) http://feeds.feedburner.com/~f/typepad/RyNm?i=bpHDii</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=bpHDii)
complete story here... (http://www.247wallst.com/2008/06/bud-an-ethical.html)