Morning Minutes: A-B InBev formalizes SABMiller deal; Threat at MU brings concern, plan for future

Photos courtesy of (clockwise from top left) The All-Nite Images/Flickr, Yizhu Wang/Missouri Business Alert, and Joe Raedle/Getty Images
Photos courtesy of (clockwise from top left) The All-Nite Images/Flickr, Yizhu Wang/Missouri Business Alert, and Joe Raedle/Getty Images

Here are today’s top business headlines from across Missouri:

A-B InBev, SABMiller formalize $107 billion purchase agreement

Anheuser-Busch InBev has formally agreed to acquire SABMiller for about $107 billion, combining the world’s No. 1 and No. 2 brewers into behemoth that produces roughly one in every three beers sold worldwide and controls half its industry’s profit. Read more


Threat stokes concerns at MU as activists, administrators plan for future

Tensions ran high around the University of Missouri late Tuesday after an anonymous social media threat stoked fears of violence on the Columbia campus. By Wednesday morning, police said they had apprehended the suspect responsible for the threats. That followed a day during which student activists and university administrators looked ahead after the Monday resignations of University of Missouri System President Tim Wolfe and MU Chancellor R. Bowen Loftin. Read more


Workers in KC, St. Louis participate in nationwide strike for higher wages

Fast food, home health and childcare workers nationwide went on strike Tuesday, including workers in the St. Louis and Kansas City areas, to protest for higher wages and union rights. Read more


SunEdison’s loss widens as CEO slows growth, seeks cash

SunEdison Inc. reported a wider loss than analysts had estimated for the third quarter as CEO Ahmad Chatila cut staff and slowed growth to appease investors concerned about the clean-energy company’s financial liquidity. The shares plunged to the lowest in more than two years. Read more


Mallinckrodt CEO fights back against Citron Research claims

Mark Trudeau, CEO of Mallinckrodt Pharmaceuticals, appeared on CNBC’s Squawk Box to calm investor fears after the company’s stock dropped nearly 26 percent Monday. Read more


Upcoming Events


Tags:

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students

Learn more