NEW YORK AP - Anheuser-Busch Cos. on Friday detailed its plan to make the company more valuable than the $65 per share offer it rejected from InBev, and gave 2008 and 2009 profit guidance above analyst expectations.In a conference call with investors, Anheuser-Busch executives reiterated that InBev's proposal, which it rejected on Thursday, undervalued the St.
June 30, 2008 at 12:00 AM
1 minute read
NEW YORK AP – Anheuser-Busch Cos. on Friday detailed its plan to make the company more valuable than the $65 per share offer it rejected from InBev, and gave 2008 and 2009 profit guidance above analyst expectations.
In a conference call with investors, Anheuser-Busch executives reiterated that InBev’s proposal, which it rejected on Thursday, undervalued the St. Louis, Mo.-based company and its future growth prospects.
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