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The Air Force erred by failing to assess the bids according to the criteria it had set out and improperly gave credit to Northrup for exceeding requirements, according to a New York Times report.

Click here for complete New York Times article.

The much anticipated bid from InBev for the St. Louis brewery came
through Wednesday at $65 a share. The A-B board says it will be considering
the proposal carefully.

In a statement Wednesday, A-B said: "The board will review the merits of the proposal consistent with its
fiduciary duties and in consultation with its financial and legal
advisers. The board will pursue the course of action that is in the
best interests of Anheuser-Busch's stockholders." The board is expected to make its decision regarding
the deal in "due course," it said.