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Global Investing Roundups

Money Morning (July 7th, 2008) Writes:
InBev Seeks Overthrow of AB Board; Microsoft Open to New Talks with Yahoo; Crude Retreats; Merrill Lynch to Write Down $6 billion; Freddie and Fannie Tumble; Tighter Fed?; Greenback Weighs on Gold; Prius Goes Solar Belgian brewer InBev NV announced yesterday (Monday) that it would attempt to remove the entire Anheuser-Busch Cos. Inc. (BUD) board of directors after InBev’s $46.3 billion hostile takeover offer bid was rejected. InBev is seeking to use a process outlined in Anheuser- Busch’s bylaws that allows shareholders to vote on a new board without a meeting, Bloomberg News reported. Microsoft Corp. (MSFT) said yesterday (Monday) that it would be willing to reopen talks to buy all or part of Yahoo! Inc. (YHOO), but only if a new Yahoo board is elected, Reuters reported. Carl Icahn, the billionaire financier ...

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