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Check Out Line: A Brewing Showdown

July 7, 2008

bud2.jpgCheck out things looking hostile in InBev’s bid for Anheuser-Busch.

InBev, spurned so far in its attempt to acquire the maker of Budweiser and Bud Light, filed papers with the Securities and Exchange Commission that would lead to Anheuser shareholders voting on the future of the U.S. company’s board.

The Belgian beer maker also unveiled its own proposed board that would include Adolphus Busch IV, an uncle of Anheuser‘s current chief executive. Makes you go Hmmm…

Also in the basket:

Oil drops below $142 a barrel as dollar gains

Jobs market not expected to recover soon

Coca-Cola agrees to settlement in shareholder lawsuit

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