Saturday, May 24, 2008
Bud for Belgium?
Anheuser-Busch (BUD) rose 6% after the Financial Times’Alphaville blog reported that Belgian brewer InBev is eyeing an acquisition of the St. Louis-based beer giant. The deal would be worth $46 billion, or $65 a share — a substantial premium to Anheuser’s $56-a-share price on Friday. Still, the report cites an unnamed source saying that InBev - brewer of Becks, Bass and Stella Artois - is “not about to push the button” yet.