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Why Did Carlos Fernandez Bail?

The big question around the pool over the weekend was why Grupo Modelo chief Carlos Fernandez resigned from the Anheuser-Busch board just before it was to consider the $65 a share cash offer.We believe that it makes sense for Carlos F. to recuse himself from the deliberations because, in essence, he was on both sides of the negotiation table. On one hand he was representing A-B shareholders and wanting to realize the highest value for them, and on the other

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