Wednesday, October 8, 2008
A-B sets merger approval vote
Anheuser-Busch shareholders will vote on November 12 whether to accept the buy-out offer from InBev. InBev's shareholders have already approved the purchase. And BUD stock is still, inexplicably, trading significantly below the already set buy-out price. Do investors know something? Probably not; it's likely just understandable jitters, given the market's melt-down.