NewsJuly 8, 2008
ST. LOUIS (AP) -- InBev takes another step in its hostile bid for Anheuser-Busch, this time appealing to people in the brewer's hometown. A full-page ad from the Belgian brewer appeared in Tuesday's St. Louis Post-Dispatch. The ad says the takeover would make for a stronger, more competitive global company. It says Budweiser would be expanded globally, and St. Louis would serve as North American headquarters...

ST. LOUIS (AP) -- InBev takes another step in its hostile bid for Anheuser-Busch, this time appealing to people in the brewer's hometown.

A full-page ad from the Belgian brewer appeared in Tuesday's St. Louis Post-Dispatch. The ad says the takeover would make for a stronger, more competitive global company. It says Budweiser would be expanded globally, and St. Louis would serve as North American headquarters.

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The ad also says that InBev would keep all 12 U.S. breweries open and that the company will have strong commitments to the communities where Anheuser-Busch operates.

InBev announced its $65-per-share bid for Anheuser-Busch on June 11th. The Anheuser-Busch board rejected the bid as inadequate. On Monday, InBev announced it will attempt to remove the current board.

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