This is the pulse. Sab miller shares have sure this surged this morning on back of the news that a Anheuser Bush has made a revised offer. Two previous proposals were rejected. For more we are joined by our chief business correspondent. Matt, want to go straight to do. Saidwe sat down onset, he where is the stock trading . Miller stock is trading below. Surprised byte that, actually, because it seems like this is a deal that is coming together. We had a statement from altra sabmiller 20 of saying that they would like the board to come to the table with ab inbev. A lot of investors are not convinced by the. Manus they have offered all cash on the table but there is a quirk in the deal as well. Matt there is a weird twist. They are offering 41 of sab shares in exchange for sort of funky restricted stock in ab in bev. What this is is an effort to try bevco over altrea and with a structure that is more tax efficient. Clearly, this is intended for those two shareholders. A normalid say, sho
Door at barclays. Anna its another american banker. Guy. And halfway between anthony bob. He knows about Investment Banking but hes also good with regulators. Barclays has been on a roller coaster ride not only with c. E. O. s but let me show you the chart. That was the picture they have man well be talking about a lot. The diamond era which was short. The stock actually was up in jenkins tenure but has been falling. Era starting. Anna and now j. P. Morgan, most reclently recently in the hedge fund sector. Thats the banking story. Well be focused on russia today. Russia over there at the calling forum. Guy were going to be talking to a lot of figures, no pressure there. The other stories you need to be aware of today, keeping an eye on the s. A. P. Miller story, we have a report out suggesting the latest offer has been rejected but were getting closer to put up or shut up deadline tomorrow so keep an eye on that story as well. I cant ignore the wolf of walsburg as well. Anna aparaphern
Of the old comminon. It ultimately extended to the Supreme Courts decision of the separation between church and state. In his latest book todays speaker tells the story of that statchute beginning with the background and strug story of that statute beginning with the background and struggles at that ime. Irginias statchute statute had the most liberal interpretation than any other state at the time. Thomas e. Buckley is currently proffer in residence in los angeles. He taught in the History Department for 22 years after receiving his doctorate from the university of california, santa why barbara, in 1973. From 1996 to 2012 he was professor of modern christian history at the Jesuit School of theology. Hes also worked in rome, santa clara university, and peking university. His writing is based on the separation of church and state. Hes the author of the great catastrophe of my life. Divorce in the old deminon. His latest book is establishing religious freedom. Thomas is an old friend of
To read. I will be making frequent reference to this map as it will help us understand the course of the campaign. As general in chief of all unit forces in 1864, u. S. Grant devised accord mated offensive by a number of union army stretching from louisiana all the way to virginia. As you know already, the two most important of these offenses were those of the army of the , andac here in virginia that of william t sherman, who commanded what was called the military division of the mississippi. Grants orders to sherman for the campaign, dated april 4, 18 64, were pretty straightforward. Grant told sherman to move against the confederate armies of tennessee commanded by general joseph e johnson, and to , get into the interior of the enemies country as far as you can and inflict as much damage as you can. At the same time, sherman was supposed to prevent johnson from of his armyements to reinforce either lees army in virginia or Confederate Forces out in louisiana. That is shermans object
The significance of the virginia statute for establishing religious freedom teaches far beyond the borders of the old dominion. Its influence ultimately extended to the Supreme Courts interpretation of the separation of church and state. In his latest book, todays speaker tells the story of that statute, beginning with its background and the struggle of colonial dissenters with an oppressive church of england. Displacing an established church by instituting religious freedom, the virginia statute divided the most substantial guarantees of religious freedom in any state of the new nation. The effort to implement jeffersons statute has even broader significance in anticipation of the conflict that would occupy the whole court after the Supreme Court nationalized the religion clause in the First Amendment in the 1940s. Thomas e. Buckley sj is currently in the university of los angeles. He taught in the History Department there for 22 years after receiving his doctorate from university of