- Warren Buffett's Complete Sun Valley CNBC Interview - Transcript and Video
- Warren Buffett Tells CNBC Consumer Sales Remain "Very, Very Soft"
- Warren Buffett: Economy Needs Another Dose of Viagra
- Canada's Salida Capital Revealed As Winning $1.68M Bidder for Warren Buffett Lunch
- Warren Buffett Lunch Winner: I Won't Profit From Stock Tip Windfall
- Value of Warren Buffett's Annual Gift to Gates Foundation Falls Along With Berkshire's Stock
- After Warren Buffett 'Promoted' to Mattress Salesman, Nervous Nellie Sales 'Pretty Good'
- Warren Buffett Down, S&P Up, As First Half Buzzer Sounds
- Warren Buffett Wearing "Belt and Suspenders" As Tide Went Out - KBW Analyst
- Warren Buffett Charity Lunch Brings In Almost $1.7 Million From Anonymous Bidder
RSS FEED
|
CNBC'S MOST SHARED
- Apartment Vacancy Rate Hits 22-Year High
- Investing in Tech Now
- What You'll See On My NASCAR Documentary Tonight
- Warren Buffett's Complete Sun Valley CNBC Interview - Transcript and Video
- Warren Buffett Tells CNBC Consumer Sales Remain "Very, Very Soft"
- Warren Buffett: Economy Needs Another Dose of Viagra
- Software Giants Rush to Cash In on Carbon-Trading
- Preparing for Retirement
- Cramer?s Outrage
- Playing by Different Rules
- Warren Buffett's Complete Sun Valley CNBC Interview - Transcript and Video
- Warren Buffett Tells CNBC Consumer Sales Remain "Very, Very Soft"
- July 10th in Market History
- Microsoft Plays a Game of Bing Pong
- Options Smell 'Blood' on Infosys
- Christmas in July: Consumers To Out-Scrooge Scrooge
- GM's Second Chance
- Art Cashin: Traders Weigh Obama Policy Changes
- Warren Buffett: Economy Needs Another Dose of Viagra
.ll_medium.jpg)
- AIG Prepares to Pay More Bonuses to Executives
- China Demands Currency Reform, France Backs Debate
- UBS Can't Comply with US Request: Internal Memo
- Treasury Sold Warrants Below Market Value: Panel
- China Accuses Rio Staff of Bribing Steelmakers
- Assets Are Less Toxic, but Banks Have Other Troubles
- Chevron Says Q2 Hit by US Refining, Weak Dollar
- Stimulus Critics Put Obama, Democrats on Defensive
- Warren Buffett: Consumer Sales Remain 'Very, Very Soft'
Text Size 
 |
CNBC.com Warren Buffett |
] citing sources close to the situation. If true, this could prove a decisive endorsement in pushing the two companies closer to a deal. As we at Buffetwatch noted yesterday, this comes amidst reports that August Busch IV, Anheuser's CEO, had tapped Warren Buffett for guidance on the company's strategic options, in the wake of InBev's $65-a-share all-cash offer.
Why Buffett? Well, beyond his obvious clout, Berkshire Hathaway is the second largest shareholder in BUD, holding a massive stake in the brewer since 2005.
"Mr. Buffett, who holds a 5% stake in Anheuser-Busch has a notable reputation for assisting in matters where family ownership is at stake," Adolphus Busch IV, August Busch IV's uncle, said in a statement. "His participation in the recent merger of Wrigley and Mars Inc. is evidence of his integrity. Should Mr. Buffett see this merger as a positive action for all shareholders involved, the likelihood of a deal will increase enormously."
CNBC has learned that Mr. Buffett has no plans to travel to St Louis regarding this matter. While Mr. Buffett has yet to publicly comment, rumors had been swirling that the Oracle of Omaha would trek to BUD HQ for an in-person meeting w/ August Busch and Anheuser management.
Current Berkshire price: [US;BRK.A
Loading...
()
]
See Warren Buffett Watch on CNBC's The Call, most weekday mornings at 11:50a ET
Questions? Comments? Email me at
Data is a real-time snapshot *Data is delayed at least 15 minutes