Brewer InBev SA has turned up the heat in its US$46 billion unsolicited bid for its U.S. rival Anheuser-Busch Cos. Inc., saying Monday it will take action to ask shareholders to remove the company's entire board.
It proposed its own board for Anheuser, saying the company's shareholders should have "a direct voice" on merging with InBev.
InBev said it would file a preliminary consent solicitation statement with the U.S. Securities and Exchange Commission later Monday asking Anheuser's board to consult shareholders about the possibility of firing the 13 current board members.
Shareholders have a right to sue a company's board of directors …
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