Word from the FT is that beverage leviathan InBev may make at $46 billion bid to buy Anheuser-Busch (BUD). BUD shares are up almost 7% on the news, moving above its previous 52-week high.

It is hard to see what the economies of scale would be, so the price seem rich.

But, owning BUD would get InBev those Clydesdales.

Douglas A. McIntyre