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.
No contract has been awarded, but to speed things up, state transportation officials have given approval for a potential contractor to begin the engineering work on the project to repair 802 bridges.
SaveBudweiser.com encourages visitors to contact elected officials and Anheuser-Busch shareholders to discourage the takeover of the company by Belgium-based brewer InBev. The Web site claims to have more than 18,000 signatures on its online petition.
A Texas ranch says sperm from the bull, named Mommas Boy, was illegally taken in the 13 days between the time the bull was bought and delivered.
The Planning and Zoning Commission has rescheduled to June 19 a public hearing concerning plans for Crosscreek Center.
The Grocery Manufacturers Association plans a high-profile campaign against biofuels, saying they're a key reason for rising food costs. That campaign will bring together diverse groups such as hunger-prevention advocates and environmental activists.
Reports that Angeuser-Busch might be purchased by Belgium-based brewer InBev have St. Louis residents worried they might lose a company as closely identified with their city as the Gateway Arch.
Federal commodity regulators are investigating whether the farmer-owned dairy cooperative that controls about a third of the nation’s milk supply engaged in a price manipulation scheme, a spokeswoman for the group said Monday.
Economic forecasters say the worst of the painful housing slump and the credit crunch might come to an end this year, but they expect the economy will weaken further and unemployment will rise.
That’s the latest outlook from forecasters in a survey to be released Monday by the National Association for Business Economics.