Beer Business Daily – beer industry news and numbers

A-B To Reject: Now What?

As we know, the Wall Street Journal reported yesterday that Anheuser-Busch's board is set to reject InBev's $65 a share offer, perhaps today or tomorrow, saying it undervalues the company. A-B is said to put forth a strategic plan which would include the sale of non-core assets like the theme parks.So what now? We expect A-B to go on a PR offensive to persuade its shareholders that it can get the stock to a steady $65 - 70+ a share

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