China in auto power play
It might not shake up the industry just yet, but China's interest in Volvo and Saab is the start of something big in global autos, writes columnist Wei Gu. Commentary
Andrew Busch statement on InBev bid
NEW YORK (Reuters) - Following is the text of a statement by Andrew D. Busch in support of Anheuser-Busch Cos Inc (BUD.N) as it considers a takeover bid from Belgian-Brazilian brewer InBev NV INTB.BR:
As a non-employee member of the Busch family I support Anheuser-Busch in efforts to remain a strong company headquartered in St. Louis, where it was born and has prospered for more than 130 years.
I support my nephew August Busch IV (President and CEO), the board of directors and the management team of Anheuser-Busch Cos Inc as they evaluate and respond to the InBev proposal. I believe that Anheuser-Busch has created substantial shareholder value over the long term and that it will continue to maintain the best interests of the shareholders and employees.
I am not a company employee, and I have no role in the company's decisions about the InBev proposal, other than the role each shareholder may have as this matter moves forward. As a non-employee family member, I do not speak for the company or other family members.
I am proud to be a member of the company's founding family and of its role in building the King of Beers and the iconic beer company based in St. Louis.
