Anheuser-Busch and InBev have completed a deal at $70 per share

The Wall Street Journal ^ | July 13, 2008 | Staff

[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.

[csvset]

Schlitz Malt Liquor in bottles, ice cold. Lol. I did some stupid stuff as a teen and that was one of them. That stuff would probably kill me now.

[buccaneer81]

King Cobra. That stuff was unbelievable. Made you want a liver transplant the next morning.

[Ouderkirk]

Rolling Rock....Bud Green

[advance_copy]

I have a story to relay about Germany, told to me by a Russian. He said that, when you fly over Europe and look down, you can always tell when you are over Germany. All the roads, houses, fences, etc. are lined up perfectly. No deviation seems to be tolerated. I guess the Germans would be hard to work for, they let the perfect be the enemy of the good. My opinion: the best boss in the world is American - make it work and there’s no questions asked (plus, they take you out to lunch every now and then). Here’s to ya Germany, but God bless America.

[Incorrigible]

That was a sweet ride. I’m in at $51 a share from about 18 months ago.

I drink Smithwick’s (rolls up to Diageo) and Sam Adams though if my cheap friends serve Bud, I’ll reluctantly drink it.

[Recovering Ex-hippie]

Darn! Just Darn!

Why didn’t they give Obama a chance to ‘talk” to them so these jobs won’t be lost!

Warren buffett was for this one and isn’t he endorsing Obama?

[Pearls Before Swine]

InBev ownership:

Belgian versus Brazilian:

Its a bit of both. InBev was formed by the merger of Belgian company Interbrew and Brazilian company AmBev in 2004. The headquarters are in Belgium, so you’re mostly right.

SAB Miller is international, but the SAB stands for “South African Breweries LTD” and was the original brewing company. I’m not sure where the center of gravity of that operation lies now (you said the Brazilians own Miller).

[buccaneer81]

Wow. I had no idea of the global cross-ownership.

[Conservative Vermont Vet]

Best beer ever... Only available in the Canadian Maritimes

Sorry to differ with you.

From someone who has traveled far and wide (and is pushing 65) and who has tried and drank more different types of beer than years I've been around, I must nominate the following.

Of course it is difficult to find here in the states and its export may be different than what we used to get in the Philippines, but ask anyone who has been there and ask their opinion?

PS And yes, I've tried Schooner.

[buccaneer81]

Of course it is difficult to find here in the states

Thanks. I'll be looking for it.

[Pearls Before Swine]

Wow. I had no idea of the global cross-ownership.

I'm not sure "cross ownership" is the right term. Both companies are huge, and have many subcompanies spread all over the world after periods of extended growth and merger. Where they have their headquarters and where most of their money comes from requires more Googling and annual report reading than I want to do before bedtime!

They've certainly outgrown their original playpens.

[Mase]

The genesis for InBev began in 1984 when Stella Artois was bankrupt and the bank bought the company and began managing it in an attempt to get their money back. They began acquiring other brands and formed Interbrew. Interbrew eventually merged with AmBev from Brazil to form InBev which is now the world's largest brewer.

The Brazilians run the show and are notorious and tyrannical cost cutters. There are going to be a lot of unhappy employees at AB as well as a lot of unhappy distributors. Their shareholders will, however, be much happier.

[Conservative Vermont Vet]

King Cobra. That stuff was unbelievable. Made you want a liver transplant the next morning.

LOL. Ask any Nam Vet about ba muoi ba (33) beer.

It was rumored to have been made with formaldehyde and most of us believed it.

Of course after you've had 6 or 14, you don't really care.

Fortunately, we had access to good ol American beer at the BX.

[Conservative Vermont Vet]

Thanks. I'll be looking for it.

Here's a link for you.

When I lived in Virginia, I could find San Miguel in a couple of places. Unfortunately, I have not been as fortunate since I moved back to VT.

http://www.gviimports.com/sanmiguel.html

[Darnright]

>What does this takeover mean?<

Well, one thing it means is a huge windfall of taxes out of the hides of the poor saps who have a lot of long held BUD stock, for one thing.

The IRS has to get its piece of the pie, dontchaknow.

[papasmurf]

Brew 102 and Pabst for us po’ folks. LOL

[JohnLongIsland]

Back when I was a kid growing up in Manhattan (it was still part of the U.s. back then) PBR was served in the high class gin mills, Rheingold and Schaeffer in the others; all on tap of course.

[oldvike]

All I want to know is the list of beer makers who are American owned. I WAS a Bud drinker, but not anymore. Need a replacement.

[RayChuang88]

InBev has learned a lot from the success of British-American Tobacco--careful centrol control, but a lot of local regionalized brands to cater to local consumer tastes. InBev would probably be a major force in Japan if they had an interest in any of the Japanese breweries such as Kirin, Sapporo or Suntory.

By the way, watch for increasingly innovative advertising for Budweiser--InBev will likely use the style of the advertising used on Brahma beer sold in South America, which has won many awards in the past.

[RayChuang88]

I've tried San Miguel in the Philippines and was not impressed. I'd rather drink this beer: