Thursday 17 September 2015

Coincidence? - part 3

Navel-gazing in financial journalism is reaching a new high.

Indeed, yesterday evening Bloomberg carried out its own investigation into why SAB Miller was forced to stick out a takeover announcement regarding a $250 billion tie-up with Anheuser-Busch InBev. Here is a link:

http://www.bloomberg.com/news/articles/2015-09-16/ab-inbev-sabmiller-race-to-finish-as-takeover-rules-force-hand

I have to admit, I enjoyed reading the article as it's an extremely well written, thorough piece.

But one thing struck me while reading the Bloomberg article - there was no mention of little old Betaville's piece published at 16:05 on Tuesday afternoon as being responsible for triggering the latest round of 'speculation' that forced FTSE 100 company to make a statement.

I wonder why?

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