The Belgian newspaper De Standaard, citing sources, reported that Buffett backs the $46 billion, $65-a-share offer that InBev has made for Anheuser-Busch according to www.marketwatch.com. If this is true, it would be a nice step towards getting the deal done. Berkshire Hathaway holds 5% of BUD and when Warren Buffet says/does something, people listen. BUD is currently at 61.30, 6% off the offer price. You can check the Market Watch article here.
Also, you may want to take a look at a new WSJ Deal Journal blogpost that gives BUD a D for its treatment of shareholders.
The market is lower this morning off of weak action in the financials. Oil (as judged by the USO) gapped down on the open, spiked, then successfully held its lows only to bounce strongly again. It's currently trading around 108.30ish near a support level at 108. Looking a bit more broadly, the USO seems to be in a range from 107-112.50.
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