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Check Out Line: Hostile Light?
Check out signs of possible acrimony in InBev’s takeover bid for Anheuser-Busch.
On Thursday, InBev reiterated its preference for a friendly combination that would create the world’s biggest brewer but filed suit to establish that Anheuser’s shareholders could remove their entire board, possibly setting the state for a more contentious battle.
Anheuser, which rejected InBev’s bid on Thursday, said on Friday that it will challenge its would-be acquirer’s lawsuit over the board removal.
Still, some say the door is open to a friendly deal. Stay tuned.
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