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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