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Anheuser Busch (NYSE: BUD) Stock Up 7% Today on SABMiller Merger News
Anhueser Busch Inbev SA (NYSE: BUD) stock was up as much as 7.8% today (Wednesday) to $116.43 after proposing an acquisition of SABMiller Plc. BUD stock is now in the black for the year, with a year-to-date gain of 1.2%.
If a deal is inked, it will be the largest merger in brewing history.
Keep reading to find out why BUD wants SABMiller and why getting a deal done won't be easy...
Anhueser Busch Inbev SA (NYSE: BUD) stock was up as much as 7.8% today (Wednesday) to $116.43 after proposing an acquisition of SABMiller Plc. BUD stock is now in the black for the year, with a year-to-date gain of 1.2%.
If a deal is inked, it will be the largest merger in brewing history.
Keep reading to find out why BUD wants SABMiller and why getting a deal done won't be easy...