The Leuven, Belgium-based brewer of Beck's and Stella Artois plans to file a document later Monday with the U.S. Securities and Exchange Commission seeking to oust all 13 members of the bid target's board. InBev said the move would give Anheuser-Busch shareholders a "direct voice" in its unsolicited $46.3 billion offer.
"Our strong preference remains to enter into a constructive dialog with Anheuser-Busch to achieve a friendly combination that comprehensively addresses the interests of all constitutions," InBev CEO Carlos Brito said in a statement, repeating that the brewer's $65 a share offer reflects the target's full and fair value.
InBev's proposed alternative board at Anheuser-Busch includes Adolphus Busch IV, the uncle of current president and CEO August Busch IV; as well as Marjorie Bowen, former managing director of investment bank Houlihan, Lokey, Howard & Zukin; Ernest Mario, former CEO of Glaxo Holdings plc; William Vinson, former vice president and chief counsel of Lockheed Martin Corp.; and John Lilly, former CEO of Pillsbury Co. -
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InBev SA on Monday pressed ahead with plans to remove board members at Anheuser-Busch Cos., while insisting that it prefers a friendly combination with its U.S. peer. 
