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CNBC Squawk On The Street September 15, 2014

Consolidation of the Beer Industry or at least stories to that effect. Apple reporting the biggest iphone presales ever. Supply problems raising concerns plus new insight into the companys cut of transactions with apple pay. And this friday alibaba now reportedly planning to boost the size of that already enormous public offering. All right. First up when david promises details, people listen. What do we have today . A great deal of talk over the weekend of beer consolidation. We had a story, of course, originally reported by bloomberg that sab approached heineken and said theyre not interested in that approach but this morning another story in the journal quoting a source familiar or close to the situation that there is financing being put together by ab to purchase s. A. B. According to my sources, that is not true. There is no talks with banks at this point. By ab inbev trying to put together any financing for s. A. B. Were no s ....

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