Anheuser-Busch schedules vote on InBev takeover

Mon Oct 6, 2008 6:29pm EDT
 
[-] Text [+]

LOS ANGELES (Reuters) - Anheuser-Busch Cos Inc BUD.N investors on Nov 12 will cast their votes on its planned merger with InBev NV INTB.BR, according to a filing with the U.S. Securities and Exchange Commission on Monday.

Anheuser-Busch, the maker of Budweiser and Michelob beer, said its board unanimously recommended shareholders approve its $52 billion takeover by Belgium's InBev, the maker of Stella Artois and Beck's.

InBev's shareholders in late September voted overwhelmingly in favor of buying Anheuser-Busch, a deal that would create the global leader in brewing.

(Reporting by Lisa Baertlein; editing by Gunna Dickson)

 
Photo
Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better