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

Will AB InBev (BUD) Stock be Helped by New Bid for SABMiller? Jim Cramer Comments

NEW YORK (TheStreet) -- Shares of Anheuser-Busch InBev (BUD) are flat at $111.88 at the start of trading on Monday morning, after the beer manufacturer increased its bid for rival SABMiller to 43.50 pounds, according to the Financial Times.

The new offer values UK-based SABMiller at about $70 billion. However, U.K law stipulates that SABMiller must make a formal offer by 5 p.m. on October 14 or walk away from the deal.

If no deal can be reached by...


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