Anheuser-Busch (AB) rejected InBevs all-cash offer price of $65 per share on June 30, 2008, saying it

Question:

Anheuser-Busch (AB) rejected InBev’s all-cash offer price of $65 per share on June 30, 2008, saying it undervalued the company, despite the offer representing a 35% premium to AB’s preannouncement share price. InBev refused to raise its offer, while repeating its strong preference for a friendly takeover. Speculate as to why InBev refused to raise its initial offer price. Why do you believe that InBev continued to prefer a friendly takeover? What do you think InBev should have done to raise pressure on the AB board to accept the offer?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: