BRUSSELS, Belgium (AP) -- The brewer InBev SA on Tuesday urged Anheuser-Busch Cos. Inc. shareholders to challenge the biggest U.S. beer company's rejection of its $46 billion buyout bid.InBev CEO Carlos Brito insisted in a statement that his offer of $65 a share was "full and fair" and would give shareholders immediate certainty as stock markets plunge.
The Belgian-based maker of Stella Artois and Beck's has already set the scene for a hostile takeover battle, by saying it would "pursue all available avenues that would allow Anheuser-Busch shareholders a direct vote."
Last week it filed suit in Delaware, seeking a declaration that half of all shareholders could oust the company's 13 board members without cause.
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