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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?

To: Travis_Bickle who wrote (138750)	7/11/2008 2:14:56 PM
From: SiouxPal	Respond to of 361700

Looks like Anheuser-Busch is selling out. Turncoats. Reports: InBev, Anheuser-Busch talking Friday July 11, 11:39 am ET By Jim Salter, AP Business Writer Reports say InBev, Anheuser-Busch negotiating deal that could be struck this weekend ST. LOUIS (AP) -- After weeks of public bickering, Anheuser-Busch Cos. Inc.'s board is likely to accept a sweetened buyout offer from the Belgian-based brewer InBev SA as early as this weekend, a published report said. The New York Times and The Wall Street Journal both cite unnamed sources in reports Friday that the talks have become friendly. The Journal reported that InBev has boosted its takeover offer for the St. Louis-based maker of Budweiser, Bud Light and other beers by $5 a share to $70. It said the Anheuser-Busch board is likely to accept the offer this weekend. That would be a stunning turnaround from the often heated rhetoric between the two companies over the past several days. Anheuser-Busch "does not confirm, deny or speculate on rumors of potential investments, acquisitions, mergers, new business partnerships or other transactions," said W. Randolph Baker, the company's vice president and chief financial officer. InBev offered no immediate comment. biz.yahoo.com