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Labor & Employment

  • InBev Sends Second Letter to Anheuser-Busch Board

    A proposal for $65 per-share in cash made is on the basis of Anheuser-Busch's current assets, business and capital structure.
  • InBev Makes Unsolicited $46B Bid for Maker of Bud

    CGThas followed the Anheuser-Busch and InBev speculation, but according to a press release on the brewer's Web site, the rumors are real. Anheuser-Busch says InBev made an unsolicited buyout offer of $46 billion, or $65 per share. Read on to find out the logistics of the offer, and what the future may hold if these two companies take on the industry together.
  • GlaxoSmithKline Acquires Sirtris Pharmaceuticals

    GSK acquires Sirtris Pharmaceuticals to establish a presence in the research of a recently discovered class of enzymes.
  • Diageo's Irish Overhaul

    Diageo's move to a new suburban 'mega-brewery' was necessary to compete with the rise of lower-cost breweries in Eastern Europe, Russia and China.
  • State: All Chickens Exposed to Bird-flu Killed

    All chickens exposed to the bird-flu virus in northwest Arkansas are killed and buried.
  • Heinz Lays Plans New S.C. Frozen Meals Plant

    Heinz will employ 350 workers at its new frozen meals plant in Florence, S.C.
  • Smucker Adds P&G's Folgers into Product Mix

    J.M. Smucker Company President and Co-CEO Richard Smucker believes that coffee is the most perfect complement to breakfast and dessert -- two areas that his company knows a lot about. So why not add an iconic brand that has 150 years of history? The equation seems to add up to a perfect fit. Read on to find out how much the merger between Procter & Gamble's Folgers business and Smucker is expected to earn by fiscal year 2009.
  • Update: InBev/Anheuser-Busch Deal Gives the Media a Buzz

    Speculationwas everywhere about whether or not Belgium brewer InBev will make an offer to buyout St. Louis native Anheuser-Busch. Now the much-anticipated bid is making headlines as Anheuser-Busch confirmed a $46 billion buyout offer by InBev on Wednesday, June 11. Read on to see what the public is saying, from analysts to avid beer-drinkers, about the possible merger.
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