Andrew Busch statement on InBev bid

Sat Jun 21, 2008 7:46pm EDT
 
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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.

 

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