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Anheuser-Busch Shareholders Approve Combination with InBev

BRUSSELS, Belgium, Nov. 12 2008 - InBev (Euronext: INB) today announced that a majority of Anheuser-Busch Cos. Inc. (NYSE:BUD) shares have voted to approve the proposed combination of InBev and Anheuser-Busch during a special shareholder meeting held today in Secaucus, New Jersey. InBev shareholders approved the combination on September 29.

Upon close of the transaction, all shares of Anheuser-Busch will be purchased for USD 70 per share in cash, and Anheuser-Busch will become a wholly owned subsidiary of InBev.  Closing of the transaction remains subject to regulatory approvals.  A closing date has not yet been announced, but both InBev and Anheuser-Busch continue to expect that they will complete the transaction by the end of the year.


Source: InBev


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Posted on Nov 12, 2008 - 11:10 PM • Print

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