ap

Skip to content

Breaking News

Author
PUBLISHED:
Getting your player ready...

ST. LOUIS — Promising “a new Anheuser- Busch,” top executives at the St. Louis brewer on Friday laid out a new strategic plan to cut costs by $1 billion and boost international sales as they try to fend off the $65-a- share takeover bid by Belgian brewing giant InBev.

Their plan includes buyouts later this year of some salaried employees, higher beer prices and aggressive pursuit of new markets overseas.

RevContent Feed

More in Business