The federal budget deficit soared in July, pushed higher by economic stimulus payments and $15 billion in outlays to protect depositors at failed banks.(Aug. 12)
Anheuser-Busch, the maker of Budweiser and Bud Light, and the owner of several Central Florida theme parks, agreed to a takeover by the Belgian brewer InBev on Monday.
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Anheuser-Busch plans to reject In-Bev's unsolicited $46.3 billion takeover offer - saying it undervalues the company. Meanwhile, Barclays has filed with U.S. regulators for an offering of up to 266 million new ordinary shares.
Belgian Brewer InBev is turning up the pressure in its hostile, $46 billion takeover bid for Anheuser-Busch, by trying to remove the American brewer's board of directors. Meanwhile, Royal Bank of Scotland is working on a deal to create a 2 billion pound specialist healthcare group.
Anheuser-Busch has begun negotiations for a friendly merger with Belgian-Brazilian brewer InBev NV. Meanwhile, Sanofi-Aventis has tendered a $70.46 per share offer to acquire Czech drug company Zentiva.