G. Heileman Brewing Co. rejected a $1.2-billion...

G. Heileman Brewing Co. rejected a $1.2-billion takeover offer from Australia’s Bond Corp. Holdings Ltd., but said it was willing to meet Chairman Alan Bond--suggesting that the nation’s fourth-largest brewer was pushing for a higher bid. The LaCrosse, Wis.-based company’s chairman, Russell G. Cleary, said he and Bond’s chief executive “had a very pleasant discussion,” but reached no agreement except to meet again. Meanwhile, Heileman shares rose $1.375 to close at $41.875.