Newspaper wrap-up: Host of factors could stop InBev from bidding for Anheuser
Posted May 28th 2008 8:00AM by Laurie Pasternack
Filed under: Newspapers, Magazines, Apple Inc (AAPL), Anheuser-Busch Cos (BUD), iPhone, Bear Stearns Cos (BSC)
MAJOR PAPERS:
- In part two of a series to help explain the reasons why The Bear Stearns Companies Inc (NYSE: BSC) collapsed, the Wall Street Journal said that executives believed they were about to turn a corner, but fear and rumors sent lenders, trading partners and clients running.
- The Wall Street Journal also reported that a host of factors could derail InBev NV from bidding for Anheuser-Busch Companies Inc (NYSE: BUD), including the cultural differences between the two, protests by politicians over foreign ownership of a U.S. company during an election year and possible unrest from Anheuser distributors and employees.
- Following the recent indictment of one of the bank's former senior executives, the Financial Times reported that UBS AG (NYSE: UBS) told members of its former private banking team not to travel to America. The restrictions suggest UBS is concerned investigations by the SEC may widen.
WEB SITES:
- The latest set of photos that supposedly show parts of Apple Inc's (NASDAQ: AAPL) 3G iPhone, released by Dutch website iPhoneclub.nl, look identical to the previously released pictures that were supposedly photos of the 3G iPhone, Engadget reported.
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Reader Comments (Page 1 of 1)
5-28-2008 @ 2:22PM
Jimbo said...
InBev - for all you do, this BUD's for you!