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Ferret Theory - XCIII
InBev welcomes, “Anheuser- Busch to the biggest club membership on earth!”
InBev says, it’s a big boat why rock it!
Budweiser brewer Anheuser-Busch is suing InBev after declaring that their "bargain price" offer of $65 a share is illegal. Anheuser-Busch accuses InBev of using "deceptive conduct" to try to win control of the company. We previously reported that InBev filed a statement with regulators in an attempt to take over Anheuser-Busch's board.
In the new suit, Anheuser-Busch is seeking an injunction against them, in hopes of stopping any form of takeover.
While, ramming it to America people for the last hundred years. Anheuser-Busch still has a problem taking it from behind! Anheuser-Busch also, claim that InBev was spewing false rumors of an acquisition last month and their attempts to take over the board is a "self-serving effort" to try to purchase the company at a lowered price.
Anheuser-Busch also claims in the suit that InBev does not have sufficient financing to facilitate the $46 billion takeover bid stating, "Given the state of the credit markets today, no group of financial institutions would unconditionally commit $40 billion to a borrower to pursue a hostile acquisition."
Didn’t realize Anheuser-Busch had to make a deal for hostile take-over against American citizens. I’m just learning more about them….
Sincerely Yours,
Ghost Writer
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