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Actionable news in BUD: ANHEUSER-BUSCH INBEV SA/NV,

AB InBev (BUD) Stock Gains on SABMiller Deal

NEW YORK (TheStreet) -- Anheuser Busch InBev (BUD) stock is rising by 1.98% to $113.70 in pre-market trading on Tuesday, after the company agreed to acquire SABMiller (SBMRY) for more than $100 billion, according to Reuters.

The companies' boards agreed on 44 pounds per share in cash with a partial share alternative of 0.483969 unlisted shares of AB InBev and 3.78 pounds in cash for each SABMiller share, but no more than about 41% of its...


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