BUDWEISER

[regfootball]

http://www.cnn.com/2008/US/07/14/busch.rea...=rss_topstories

http://www.cnn.com/2008/US/07/14/anheuser....v.ap/index.html

ST. LOUIS, Missouri (AP) -- Belgian brewer InBev has announced it will buy its U.S. rival Anheuser-Busch for $52 billion to create the world's largest brewer.

The deal would create the world's largest brewer and put the U.S. beer-maker in the hands of Belgian-based InBev.

The acquisition means control over America's largest brewer, the No. 2 worldwide, moves overseas. Based in St. Louis, Missouri, Anheuser-Busch has more than 48 percent of American market share with brands that include Bud Light.

InBev confirmed the details of the purchase of Anheuser-Busch early Monday. It first bid for Anheuser-Busch on June 11.

InBev is the world's second largest beer maker, with brands that include Stella Artois and Becks.

not that i drank that rice beer p155 anyways, but again, it goes to show our business community failing us all and how used we really get.

note how much more bud is worth than GM.

more profits we'll send overseas......

Edited July 15, 2008 by regfootball

[daves87rs]

Just sad....

[cletus8269]

who's next? Jack?

[FAPTurbo]

What's the problem? If anything, it could mean Budweiser will actually taste better in the not-too-distant future.

Americans certainly weren't upset when Coors and Molson 'merged' .

[Nick]

What's the problem? If anything, it could mean Budweiser will actually taste better in the not-too-distant future.

Americans certainly weren't upset when Coors and Molson 'merged' .

The thing is...I can piss better beer than Coors.

[FAPTurbo]

The thing is...I can piss better beer than Coors.

I meant that Coors bought out the Canadian brewer Molson, and that no Americans complained that they were taking profits out of Canada.

[Drew Dowdell]

The thing is, this was a borderline hostile takeover of Anheuser-Busch. It was an unsolicited, unwelcome bid.

[CSpec]

This was a good deal for all parties. Anheuser-Busch was ripe for cost-cutting by all accounts, InBev will have a big presence in the US, AB shareholders got a big premium. What's not to like?

[zabolots]

What's not to like?

Are you kidding? How about not liking the fact that this country's piss-poor fiscal policies which have ruined the value of the dollar are allowing foreigners to swoop in and buy more and more companies, real estate, etc. American pride used to mean something but now that the finance guys run this country it's all about making a buck. This country has sold it's soul and most people are too stupid or oblivious to notice or care.

It makes me sick.

[balthazar]

+1

[Camino LS6]

+1

[z28luvr01]

"As long as I'm doing OK, who cares?"

[CARBIZ]

"As long as I'm doing OK, who cares?"

[Intrepidation]

+1

On a side note: beer tastes like carbonated piss. I don't know how people drink it.

[CSpec]

What do people think of this article:

http://www.economist.com/business/displayS...e=features_box3

[Guest aatbloke]

http://www.cnn.com/2008/US/07/14/busch.rea...=rss_topstories

http://www.cnn.com/2008/US/07/14/anheuser....v.ap/index.html

not that i drank that rice beer p155 anyways, but again, it goes to show our business community failing us all and how used we really get.

note how much more bud is worth than GM.

more profits we'll send overseas......

The Belgian parent isn't going to pillage a US subsidiary of all its net profit - after all, it legally can't.

Budweiser has manufacturing subsidiaries in various parts of the world brewing for local markets and has done for years. The UK is one such example; very little beer is actually imported here, and all "foreign beers" are brewed here for the UK and some western European markets. It's unlikely that Budweiser in the US has seen much by way of its UK subsidiary's profits over the years, as usually they're retained for investment and expansion.

[Intrepidation]

So who remembers how well the last American company did after being taken over by a foreign (German) company?

[Camino LS6]

So who remembers how well the last American company did after being taken over by a foreign (German) company?

Good point.

[Drew Dowdell]

bad point, the dollar was much stronger then. In terms of dollars, $53 billion sounds like a lot. In Euros, it's cheap.

[Intrepidation]

bad point, the dollar was much stronger then. In terms of dollars, $53 billion sounds like a lot. In Euros, it's cheap.

I'm not refering to the cash flow, I'm refering to how said American company was managed by the company it took over. Specifically, how the Germans would never allow the inferior American company to be anywhere near as good, even though they had the potential to be.

[Guest aatbloke]

So who remembers how well the last American company did after being taken over by a foreign (German) company?

How about the likes of say, Holiday Inn?

[Robert Hall]

Interesting development... I'm not a fan of Bud or Busch, but do like Stella and Becks...