Anheuser-Busch today hit back in its row with InBev – saying the Belgian brewer's attempt to dislodge directors is a 'self-serving' effort to buy the company for a financially 'inadequate' price. Anheuser-Busch shareholders should ask themselves whether the directors selected by InBev – which produces Stella – would negotiate the best transaction for shareholders, the company said. In a statement the Budweiser brewer said: “The preliminary consent solicitation filing was made by InBev in connection with a non-binding, unsolicited proposal from InBev June 11 to purchase Anheuser-Busch for $65 per share. "The Anheuser-Busch board determined that InBev’s proposal attempted to transfer the company’s value from Anheuser-Busch’s shareholders to InBev’s shareholders. "At the same time, the Anheuser-Busch board told InBev it would be open to consider any proposal that would provide full and certain value to Anheuser-Busch shareholders. InBev has made no attempt to provide such an offer, nor has it provided details of its self-proclaimed financing, including the conditions to its financing. “InBev’s non-binding proposal is not a firm offer and could even be lowered. Its proposal is merely an invitation to negotiate." Adolphus Busch IV, uncle to Anheuser chief executive August Busch IV, is believe to have agreed to be put forward by Inbev as a member of an alternative board.