LONDON -- Belgian brewer InBev upped the pressure on its takeover target Anheuser-Busch, but it didn't up its price.
In fact, on Monday it announced it's not only sticking with its all-cash, $46.0 billion buyout bid for Budweiser-brewer Anheuser-Busch, it's going hostile.
The Leuven, Belgium-based brewer said Monday that it would seek to replace Anheuser's board of directors and move ahead with its offer plans, a move seen by market analysts as a way of pushing its counterpart to finally engage in talks.
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