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Old 07-09-2008, 02:30 PM
pbear19 pbear19 is offline
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Join Date: Feb 2001
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Posts: 945
Anheuser-Busch suit against InBev

I'm surprised there hasn't been a thread about Anheuser-Busch yet (unless I missed it), but I'm not sure how newsworthy the whole ordeal has been in other parts of the country. I live in St. Louis so it's been the lead story now for weeks, and has many people I know very concerned.

If you haven't followed, InBev is a European company that made an unsolicited offer to purchase A-B a few weeks ago. A-B refused, and there is (I believe) a suit already pending in Delaware to overrule A-B's board. A-B has now filed suit against InBev, claiming among other reasons that the potential takeover is unlawful due to InBev's Cuban connections.

I received an email this morning with a link to an oddly worded article covering the legal aspect. I would wager a guess the writer is in favor of the takeover, given a few biased comments that seem benign at first glance. Of particular irony is the lead sentence: "The legal mess surrounding InBev's stalled acquisition of Anheuser-Busch now looks like the floor of a frat house basement after an all-night kegger."

http://www.law.com/jsp/article.jsp?id=1202422856005
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