Quote:
Originally Posted by jumper
From what I read the board had to approve it, and they did with the new deal. They held out for quite awhile but caved to the $70 per share offer.
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The share holdes still have to approve it. But the major share holders are all investment groups. There is no way they will reject an offer of $70 a share, when it was worth $45 a few months ago. The board entered friendly talks with in-bev, because the board wants to make sure they all exit AB with their golden parachute, rather than simply forced out due to a hostile takeover. In-Bev has not purchased a majority of shares yet. They own 100 shares of AB right now.
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Sometimes when I reflect back on all the beer I drink I feel ashamed.
Then I look into the glass and think about the workers in the brewery
and all of their hopes and dreams. If I didn't drink this beer, they might
be out of work and their dreams would be shattered. Then I say to myself,
"It is better that I drink this beer and let their dreams come true than
be selfish and worry about my liver."
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