Market cheers InBev's $46 bln Anheuser-Busch bid
Shares are up about 7% to 62.68.
BUD has had a rough ride during the last 6 months but sticking to defensive positions including a great company like Anheuser-Busch has paid off. Was looking to add more with a push through it's 52 week high which it accomplished on May 27 on monster volume of over 21 mil. shares. Currently a 50% of full stake and didn't get a chance to add before this news broke.
Watching AutoNation (AN $14). Eddie Lampert's position has now reached 40% aftering increasing his position yet again in May. No position yet.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment