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Monday, July 14, 2008

InBev confirms Anheuser-Busch deal for $50 billion

U.S. brewer Anheuser-Busch Cos Inc (NYSE:BUD - News) agreed to be acquired by Belgium-based InBev NV (Brussels:INTB.BR - News) for about $50 billion, the companies said on Sunday, creating the world's largest beer maker.

InBev, maker of Stella Artois and Beck's, plans to pay $70 per share for Anheuser, the No. 1 U.S. brewer. Based on Anheuser's 713 million shares outstanding as of March 31, the deal values the company at $50 billion.

To think about...what is the acquisition meant?

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