Attorneys for Anheuser-Busch argued Wednesday that two shareholder lawsuits in St. Louis should be suspended while a Delaware judge considers nearly a dozen similar lawsuits related to the possible takeover by rival brewer InBev.
The number of closures next year is up from 100 previously planned, a sign the coffee shop operator is hurt by the faltering U.S. economy.
The Belgian brewer encourged Anheuser-Busch shareholders to challenge the U.S. beer company's rejection of its $65-a-share offer, saying it would give them immediate certainty as stock markets plunge.
The benefit cuts for its salaried employees are part of its effort to cut $1 billion in costs and fend off a takeover bid by InBev.
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Each side is in search of influential allies to help sway public opinion — a factor potentially important in a proxy fight — and enlist the aid of lawmakers, or at least blunt the opposition.
The lease, which was to expire Monday, will be extended three years. An MU spokesman cited the university's record enrollment for the fall and the temporary closure of the Brady Food Court as reasons for the extension.
The prospect of Anheuser-Busch being taken over by a brewing company with roots in Belgium and Brazil has made some Northern Plains barley growers uneasy.
Anheuser-Busch chief says plan to boost stock prices doesn’t include InBev.
The Wall Street Journal said Anheuser-Busch is expected to argue that InBev's offer undervalues the St. Louis-based brewer. The rejection could set the state for a hostile takeover battle.
The St. Louis-based company raised its earning projections for the year, but its share price fell after its earnings were released because third-quarter revenue was below expectations.
The St. Louis-based company was charged with failing to conduct regular and rigorous reviews on the quality of executions.
The 6-3 vote followed a public hearing that heard from the project’s developers and representatives from surrounding neighborhood associations over the lots, which would be home to a Taco Bell and a Break Time convenience store.
But to do so, it needs to reverse a 30-year-old law that keeps utilities from charging for plants while they're being built.
The proposed sale of the maker of the beer that bills itself as “great American lager,” to a Belgian firm has become a rallying point for some Bud fans and lawmakers playing to the populist view that America is being sold off, bit by bit.
That's because the Food and Drug Administration has determined that tomatoes grown in more than 35 states, including Missouri, are not linked to the recent salmonella outbreak and are safe to eat.
The unsolicited $46 billion offer from the Belgian brewer comes after weeks of speculation. The St. Louis-based brewer said its board would evaluate the proposal carefully.
“It’s gotten to be an ‘us versus them’ type of thing,” Mayor Fred Foley said. “I think it’s the first time they’ve been up against a small, rural area like this.
Raymond A. Potts, owner of Potts Contracting Group Inc., is charged with failing to pay the money to his company's employee pension benefit plan.
Roger Moser said excavation has already started on a 3.5-acre lot at the intersection of Range Line Street and Brown School Road.