Beer Business Daily – beer industry news and numbers

Another Extension?

Dear Client:This is not exactly a shocker, but interesting nonetheless: Bloomberg has just reported that SABMiller will ask U.K. regulators for another extension of deadline for formal offer from Anheuser-Busch InBev "as both sides want more time to shore up shareholder support and financing, according to people familiar with the negotiations." Recall that the original formal offer deadline had already been extended from October 14 to tomorrow. "While talks are progressing, the companies would like more time to canvass shareholders

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