Anheuser Busch (BUD) is seeing heavy volume early Friday after FT Alphaville reported that InBev, which was created from the merger of AmBev and Interbrew, are considering a $46 billion takeover of the St. Louis based brewer. The goal is to create the fifth largest consumer products group in the world, according to the report. Moreover, if Anheuser Busch declines friendly talks, InBev might target shareholders directly. BUD is up $4.17 to $56.75 in active trading. Meanwhile, 23,000 BUD calls have traded, compared to 6,900 put options.
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Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.