Posted on 06/11/2008 3:26:36 PM PDT by HAL9000
Excerpt -
Anheuser-Busch Inc. confirmed it has received an unsolicited $65 per share offer from Belgian brewer InBev to buy the iconic American brewer. With more than 713 million shares outstanding, the bid is valued at more than $46.3 billion.Anheuser-Busch's board of directors will evaluate the proposal and make its decision to InBev's proposal in due course.
The brewer of Budweiser and Bud Light said that its board of directors will act in the best interests of the company's stockholders. Anheuser-Busch is the dominant domestic competitor of Miller Brewing Co., of Milwaukee.
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(Excerpt) Read more at bizjournals.com ...
Hey Tomkow your fav beer might be taken over
Great!
Of course you can’t blame Washington for the dollar fiasco putting FOR SALE signs on America. Pretty soon we will hear ‘Yes we can’.
“Budweiser and Bud Light”
Shouldn’t even be called beer! The aftertaste makes me gag. I’ll only drink one to be polite to the person offering it.
Don’t do it, A-B. You’re an American icon.
Precisely. If someone (or something) gets bought-out for $46.3 billion, the prevailing assumption must be that it is not a fair price.
Maybe it’ll improve the flavor.
I would only offer “Bud” to someone I wanted to leave and never come back. ‘Course normally I woundn’t allow the stuff in my house anyway.
I wonder what InBev abbreviates.
Patriotism might just become the best reason for a lot of people to start drinking craft beer, and forgo the mass produced swill.
The Belgians might actually give it some taste. It's rubbish at the moment - Drink Yuengling !.
Wow, beer snobs on FR.
I’ve seen it all now.
Me? There’s just about nothing better than cracking open an ice cold Bud Light on a blistering hot day.
Ahhhhhhhhhhhhhhhhhhhhhhhhh.
You don’t have to be a creative genius to imagine the forthcoming “Miller - the real American beer!” ad campaign.
Good luck with that. They got bought by South African Breweries in ‘02.
An American icon, with a German name, whose primary product is a beer with a German name, although they don’t actually use the original recipe to make the beer with that name, and because of that the big American beer icon is crappy beer. I say do it, make the sale, maybe the Belgians will decide to use the real Budweiser recipe and our American beer icon will actually make drinkable beer... with a German name.
InBev’s key brands are Beck’s, Stella Artois, and one of my personal favorites, Leffe.
I personally wouldn’t mind a bit if they decided to tweak the Budweiser recipe... they’re competent. I mean, at worst, they certainly couldn’t make it as bad as Milwaukee’s Beast! Now THAT is nasty stuff!
Me too.....hates to think that someday we will have to pay an import tax to enjoy.....just can’t fathom it. Am I logged in or just dreaming!
Budweiser is crap beer anyways - give me a nice refreshing ale over a watered-down lager any day.
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