By
CBS News / The Associated Press
.
Published: Mon, July 14, 2008 - 11:19 am
Last Updated: Mon, July 14, 2008 - 11:34 am
American brewer Anheuser-Busch has reportedly agreed to be acquired by Belgium-based InBev for a reported 52 billion dollars.
The deal combines the maker of Budweiser and Bud Light with the
producer of Stella Artois and Beck's.
A source says InBev will pay $70 per share in the deal.
Anheuser-Busch would have representatives on the board of the
combined company, and the name would become Anheuser-Busch
InBev, the source said.
Anheuser Busch's 12 North American breweries will stay open.
An announcement is expected later.
Enlarge Video 
Download Video
Video RSS
Obama’s Plane Makes Unplanned Landing
Those who Recommended this also liked:
Email to a Friend 
Printer Friendly 
Hey! Now Anheuser-Busch can truthfully say they have “GOOD BEER”!