InBev, A-B enter friendly talks


The NY Times reports in a reversal of its previous hostility to the idea, Anheuser-Busch is in active talks to sell itself to the Belgian brewer InBev in a friendly deal.

InBev has raised its offer to $70 a share, more than the $65 it had originally offered, said the story. An announcement of the deal could come as early as Monday, though people briefed on the talks cautioned that they might still break down.

Shares of InBev were up more than 2 percent in Belgium after The New York Times reported that the companies had entered friendly talks.