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Text size [+][-]  Wednesday November 19 2008GLOBAL EDITION

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16 Jun 2008 20:45


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Context News

Warren Buffett is to meet this week with August Busch IV, the chief executive of Budweiser brewer Anheuser-Busch, according to press reports over the weekend, to discuss a $65-a-share offer for Anheuser from Belgian brewer Inbev.

Buffett’s investment firm, Berkshire Hathaway, holds a 5% stake in Anheuser, bought on the market in early 2005 for about $1.7bn. The stake was still worth that much on March 31, the time of the last regulatory filing, equivalent to $47 a share.



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john.foley@breakingviews.com

More stories by:  John Foley

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