NEW YORK (AP) - Shares of Anheuser-Busch Cos. may trade actively on
Thursday, as Belgium-based brewer InBev offered to buy the company for about $48
billion after Wednesday's market close.
The purchase price of $65 per share is a hefty premium over the company's
closing share price of $58.35.
Although Casey's General Stores Inc.'s fiscal fourth-quarter profit dropped
13 percent, results beat Wall Street's expectations, sending shares of the
convenience store operator up in aftermarket trading.
Grocery and other merchandise same-store sales rose 3.6 percent, but
gasoline sold at stores open for at least one year, fell 2.5 percent in the
quarter, as customers purchased fewer gallons per visit.
Elsewhere, ATA Airlines said it's suing FedEx Corp. because it dropped the
carrier from its military charter team.
According to ATA, the decision left it financially battered and forced the
company into bankruptcy protection.
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