Anheuser-Busch to De-list from the New York Stock Exchange
ST. LOUIS (Nov. 19, 2008) - Anheuser-Busch Cos, Inc. announced today the intended withdrawal of its 6 ½% Debentures due January 1, 2028, and of its common stock from the New York Stock Exchange (NYSE) after its board of directors voted to authorize this action. The announcement follows the completion of its merger with InBev N.V./S.A. (Euronext: INB), on November 18, 2008. The agreement to combine the two companies was first announced July 13, 2008.
As a result of the merger, Anheuser-Busch has now become a wholly owned subsidiary of InBev, and its common stock is no longer traded on the NYSE. Consequently, there is no longer any public market in Anheuser-Busch common stock. Each share of Anheuser-Busch’s common stock was canceled, extinguished and automatically converted into the right to receive $70 in cash, without interest (except for shares for which appraisal rights have been perfected and not withdrawn). Each option to acquire Anheuser-Busch common stock that was outstanding and unexercised immediately prior to the merger has been canceled and converted into the right to receive $70 in cash, less the exercise price of such option.