Un-American.
Posted on 07/13/2008 5:36:50 PM PDT by abb
BREAKING NEWS: Anheuser-Busch and InBev have completed a deal at $70 per share, which will create a new company to be named Anheuser-Busch InBev. Anheuser will get two seats on the combined board.
(Excerpt) Read more at online.wsj.com ...
I don’t know much about economics but it seems wrong.
Oh, it definitely “seems” wrong, but the InBev people are going to come-in and clear out the deadwood. Capitalism is brutal, and that’s why we like it.
Nothing wrong with it. We just feel a certain nationalistic twinge when an iconic company is purchased by "foreign" interests. But there's nothing preventing you and me from buying as much In-Bev stock as we can.
There is the feeling among some that August Bush IV didn’t take his legacy as seriously as did his predecessors.
http://en.wikipedia.org/wiki/August_A._Busch_IV
http://money.cnn.com/magazines/fortune/fortune_archive/1997/01/13/220882/index.htm
The AB board could have been subject to shareholder lawsuits for turning down the last offer from InBev. Maximizing the value of the shares is the name of the game.
It’s Miller time.
You mean SAB/Miller.
They've been foreign owned for years.
“Same horse” he he....
Back in ‘71 I was in the Air Force, here in Denver.
I ordered a ‘Mickey’s Big Mouth”....took one sip, motioned to the waitress and said, “Could you put this back in the horse, and bring me Schlitz Malt Liquor?”
I hear they just started selling that again!
what’s wrong?
american firms buy foreign companies all the time.
actually, foreign investment in our domestic economy is good for us.
Yes. Genny Cream is my official beer that I serve to my guests at Notre Dame tailgate parties. I’ll also be adding Magner’s Premium Cider to my menu this fall (for a taste of something authentically Irish).
I'm surprised you have any friends left.
This is the man who built the company.
http://en.wikipedia.org/wiki/August_A._%22Gussie%22_Busch%2C_Jr.
Thanks. I assume it is still a very good beer.
Un-American.
Hell yeah..I love Genny Cream.....give me a six pack of cold genny and a bag of peanuts and I am happy.
Now, How will PBR be affected?
Isn’t it odd how the beer business is thriving and the housing market has fallen flat on it’s arse? Maybe people spent their mortgage money on booze.
PBR? That’s one I don’t hear about anymore. Never liked it, but, as I recall, was much better than Schlitz.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.