Graham’s Big Play

August 22, 2011Graham's Big Play Dear Client:SABMiller has been quietly buying up hundreds of thousands of dollars worth of Foster's shares in recent days, according to the Sunday Telegraph. The stake is said to still be below disclosable levels, but it certainly will increase the heat on the feet of the Foster's board to reconsider it's kiboshing of SABMiller's $10 billion offer. " Bankers acting for SAB are understood to have purchased small blocks of shares from hedge fund managers