InBev shareholders approve A-B deal
InBev shareholders have approved the $70-a-share deal to acquire Anheuser-Busch .
InBev is set to acquire Anhesuer-Busch
The deal is still subject to approval by Anheuser-Busch shareholders but InBev shareholders have also approved the name change to Anhesuer-Busch InBev and the appointment of August A. Busch IV as a director.
"This vote demonstrates the confidence our shareholders have in the strategic and financial benefits of the combination with Anheuser-Busch," said InBev chief executive Carlos Brito.
"We are very pleased to complete this important milestone and we remain on track to close the transaction by the end of the year.”
To Comment: Login or Register