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You are here: Home / General News / A-B to be Bought?

A-B to be Bought?

October 12, 2006

Rumors have been circulating through Wall Street and the beer industry this week that Anheuser-Busch Cos. is a target for a leveraged buyout, with the Eddie Lampert’s hedge fund ESL Investments considering a bid for the company.

One mainstream newspaper, the Times of London reported Lampert is weighing a $56-per-share bid for the St. Louis-based brewer.

“We assign a very low probability on the likelihood this transaction takes place,” said Citigroup analyst Bonnie Herzog in a note to clients.

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Pat Hagerman

Posted by Pat Hagerman

Pat Hagerman is co-founder of ProBrewer.com. When he's not leading operations for ProBrewer you can find Pat working on Internet of Things (IoT) infrastructure and systems. If you're having a beer with him ask about some of the more original skills he's taught Alexa.

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