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Edward Lampert is Buying BUD?

October 10, 2006 | About:

Shares of Anheuser-Busch Cos., the world's largest brewer, rose the most since April after the London-based Times newspaper reported the company may receive a $56-a-share bid from billionaire investor Edward Lampert's ESL Investments Inc.

An offer from ESL would value Anheuser-Busch at about $44 billion, according to the online edition of the newspaper's ``Rumour of the Day'' column. Anheuser-Busch doesn't confirm, deny or speculate on rumors of potential transactions, spokeswoman Kelli Powers said in an e-mail. A call to Greenwich, Connecticut-based ESL was referred to the Brunswick Group's Steve Lipin, who didn't immediately return a message.

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