Anheuser-Busch lays out plan after rejecting InBev

on June 27th, 2008

CHICAGO/BRUSSELS (Reuters) - Anheuser-Busch Cos Inc on Friday laid out a plan to cut $1 billion in costs and improve earnings as it tries to convince investors that InBev NV’s $46.3 billion offer for the largest U.S. brewer was too low.