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Key date for InBev deal


Anheuser-Busch Cos. announced Wednesday that it has set a record date of Oct. 3 for a special shareholders meeting to approve the proposed $52 billion takeover of the St. Louis brewer by Belgian brewer InBev NV. The date of the shareholders' meeting hasn't yet been set.

The record date is the date that establishes which shareholders can vote on the proposal. Investors who acquire A-B stock after that date cannot vote at the meeting.

Anheuser-Busch said it will announce the date and location of the special shareholders' meeting once its proxy is approved by the Securities and Exchange Commission.

The proposed takeover requires that shareholders owning a majority of A-B shares approve. Once the deal is approved and closed, shareholders will get $70 for each A-B share.


On Monday, InBev shareholders will meet in Leuven, Belgium, to vote on the proposed takeover. Three-quarters of InBev's shareholders must approve the acquisition, a $10 billion capital increase and changing the name of the company to Anheuser-Busch InBev.

FROM STAFF REPORTS

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