Is Three a Charm?

InBev's Carlos Brito has sent a third letter to A-B chief August Busch IV earlier today. The letter reaffirmed its $65 cash offer and outlined InBev's usual argments for getting the deal done that have been well-vetted here and elsewhere. But more significantly it said its financing was in order, which is new from the last letter. Says Brito: "To demonstrate our conviction in this combination, we have executed commitment letters for the financing and have paid approximately $50 million