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What Happens When There’s Nobody Else to Fire? Brito’s Conundrum

Dear Client:I've been on the phone the last week and a half with several buy and sell-side Wall Street and City (London) analysts and investors to get an understanding why ABI's stock is down nearly 40% in a roaring economy and agreeable demographics in their largest profit market, the U.S. And then they cut their dividend because they still owe about $100+ billion from the purchase of SABMiller, which means their balance sheet is constricted from making another major purchase

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