Cuba and Budweiser

The European company InBev is trying to take over Anheuser-Busch. AB is filing suit to stop it. I cannot claim any knowledge of exactly how such attemped takeovers work, but I found the following interesting:

The suit also questions InBev's claim that it would make Anheuser's hometown of St. Louis the North American headquarters for the combined company, since InBev has a business in Cuba which cannot be managed from the United States.

and

Oesterle said takeover targets are rarely successful in blocking buyouts through these types of lawsuits, in part because prospective buyers are usually able to cure the alleged misstatements by issuing new disclosures, if necessary.

He said Anheuser's concerns about InBev's Cuban business could likely be dismissed by InBev through a restructuring so the Cuban operation does not report to the U.S. entity, or by perhaps divesting it.

He said more litigation may follow.

Add this to yet another bizarre consequence of the embargo.