• June 27, 2008

Eleven state attorneys general announced an agreement with Anheuser-Busch Inc. that requires the company to discontinue production of all alcoholic energy drinks (AEDs), including its two current brands--Tilt and Bud Extra.

The agreement comes in the wake of an extensive investigation by the attorneys general of Anheuser-Busch's marketing practices related to AEDs, which they concluded violated state consumer production laws.

Their investigation of Miller Beer's Sparks brand continues.

Also on Thursday, Anheuser-Busch rejected the unsolicited, non-binding proposal by InBev to acquire all outstanding shares of Anheuser-Busch for $65 per share, saying it is financially inadequate and not in the best interests of Anheuser-Busch shareholders.

--Nina M. Lentini