• Anheuser-Busch will reject InBev's $46.4 billion takeover bid. [Reuters]
  • Even after consuming Bear Stearns, Jamie Dimon and JPMorgan are still acquisition-hungry. [NYP]
  • Citigroup may take as much as $8.9 billion in writedowns in the second quarter. [Bloomberg]
  • Father-and-son Adelphia fraudsters John and Timothy Rigas had their jail sentences knocked down three years apiece. [NYT]
  • Bidders aren't biting at GE's $30 billion credit card business. [Reuters]
  • Sam Zell's Tribune Co. may sell the Tribune Tower in Chicago and the Times Mirror Square complex in LA to reduce debt. [Newsday]