Anheuser-Busch and Campbell Taggart
I. INTRODUCTION Anheuser-Busch Company was in the verge of fulfilling their diversification strategy. They were negotiating for the acquisition of Campbell Taggart, opting to pay $570 million for the said company. The acquisition was pretty much successful until the Securities and Exchange Committee started an investigation regarding the unusual activity of the Campbell Taggart Stock. There is a speculation that there was Insider Trading of the Campbell Taggart stock. Evidences lead that Mr. Paul Thayer, an executive of Anheuser-Busch, has leaked information to his friends about the acquisition of Campbell Taggart.
The legal counsel of Anheuser-Busch is now facing the decision of filing a suit against one of its former executives.
II. EXECUTIVE SUMMARY Anheuser-Busch Company acquired Campbell Taggart Incorporated to fulfill their diversification strategy. The merger was accomplished flawlessly, until the SEC informed Anheuser-Busch that they were investigating unusual activity of the Campbell Taggart stocks because they were speculating that Insider Trading have taken place.
Mr. Walter Suhre, Vice President and General Counsel of Anheuser-Busch Company was contemplating whether to file a suit against Mr. Paul Thayer, a company executive who allegedly leaked material information to his friends about the acquisition, or to opt for out-of-the-court settlement.
This study focuses on the financial impact of the alleged Insider Trading to the acquisition of Campbell Taggart.
This study have come up with the suggestion that Anheuser-Busch should file a suit against Mr. Paul Thayer.
III. COMPANY HISTORY Anheuser-Busch is the nation’s leading brewer of light, premium, and super-premium beers. Expensive European hops and beechwood-chip aging in eleven breweries across the country distinguish Anheuser-Busch beers such as Budweiser, Michelob, and Busch from much of their competition. Although principally a brewer, Anheuser-Busch has diversified, via
The legal counsel of Anheuser-Busch is now facing the decision of filing a suit against one of its former executives.
II. EXECUTIVE SUMMARY Anheuser-Busch Company acquired Campbell Taggart Incorporated to fulfill their diversification strategy. The merger was accomplished flawlessly, until the SEC informed Anheuser-Busch that they were investigating unusual activity of the Campbell Taggart stocks because they were speculating that Insider Trading have taken place.
Mr. Walter Suhre, Vice President and General Counsel of Anheuser-Busch Company was contemplating whether to file a suit against Mr. Paul Thayer, a company executive who allegedly leaked material information to his friends about the acquisition, or to opt for out-of-the-court settlement.
This study focuses on the financial impact of the alleged Insider Trading to the acquisition of Campbell Taggart.
This study have come up with the suggestion that Anheuser-Busch should file a suit against Mr. Paul Thayer.
III. COMPANY HISTORY Anheuser-Busch is the nation’s leading brewer of light, premium, and super-premium beers. Expensive European hops and beechwood-chip aging in eleven breweries across the country distinguish Anheuser-Busch beers such as Budweiser, Michelob, and Busch from much of their competition. Although principally a brewer, Anheuser-Busch has diversified, via