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Option traders clink glasses over potential BUD-InBev link

Started by Joelle, May 23, 2008, 09:42:12 PM

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Joelle

Option traders clink glasses over potential BUD-InBev link
      


As the long-rumored deal between Belgian brewer InBev NV and Anheuser-Busch inched closer to reality, options traders celebrated. Some even hoped for a drawn-out battle.
Andrew Wilkinson, senior market analyst at Interactive Brokers Group in Greenwich, Connecticut noted that Friday’s surge in Anheuser Busch’s share price indicated a willingness by option investors to brace for [...]
         

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