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 ...
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.
King Cobra. That stuff was unbelievable. Made you want a liver transplant the next morning.
Rolling Rock....Bud Green
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.
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.
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?
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).
Wow. I had no idea of the global cross-ownership.
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.
Thanks. I'll be looking for it.
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.
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.
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.
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
>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.
Brew 102 and Pabst for us po’ folks. LOL
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.
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.
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.
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