A fight is brewing in the Court of Chancery between Anheuser-Busch Cos. Inc. and certain of it shareholders regarding its rejection of a bid from Belgian beer giant InBev NV/SA.
The St. Louis, Mo.-based company, whose brands include Budweiser and Bud Lite, said in a release that its board of directors unanimously rejected InBev’s $65 per share offer on June 26. The offer would come to about $46.4 billion total.
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