Anheuser-Busch (BUD) Pops 7% After Disclosing $65/Share InBev Bid

June 11, 2008 4:58 PM EDT
Anheuser-Busch (NYSE: BUD) is 7% higher in after-hours action after acknowledging the receipt of a $65 per share cash proposal from InBev.

Reports a bid was close came out earlier.

Anheuser-Busch said that its board of directors will evaluate the proposal and pursue the course of action that is in the best interests of its stockholders.

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