Anheuser-Busch sold

[coolbeers]

Anheuser-Busch reportedly has agreed to be acquired by Belgian brewer InBev for $49.9 billion.

The deal being reported by The Wall Street Journal would create the world's largest brewer and put the iconic American beer maker in the hands of the Belgian-based company behind Stella Artois and Beck's beers.

The newspaper cited anonymous sources who said Anheuser-Busch-InBev would be the new company's name and Anheuser would have two seats on the company board.

Anheuser-Busch did not return a message seeking comment Sunday evening.

The newspaper said the deal was for $70 a share. That's an increase over InBev's original offer that was rejected in June.

http://www.myfoxstl.com/myfox/pages...n=6&locale=EN-US&layoutCode=TSTY&pageId=1.1.1

:crying: another American company gone, when will it end?

 

[Facetious]

Yea, that was in the works for some time.

Will there actually be anything wholly American owned in the next ten years ?

The trouble is - What or where is the American identity . . . ? History ! IMO.

On three ! . . . . everybody out on the streets !!! Raise hell !! It's over as you've ever known it!!! The globalists !! the illuminists !! the bilgerburgs !! the bohemian grove clan !! the CFR !!! "Georges Soreohhs" !! The Hague !! Berkshire Hathaway !! . . .f'em all to he!! :glugglug::thefinger:glugglug:
3 !


:jester: sorta

 

[Sicario]

It's a sad day in the US when an American beer company with a long standing family tradition goes to new owners abroad.

OTOH, if someone were to offer me 50 BILLION for my little beer company...I'll probably take the money and run. :nanner:

 

[calpoon]

first i can't get a chinese dog burger, and now I can't get an american beer? what is this world coming to?

it's those darn drugs. I mean, illegal immigrants.

but seriously, I think this is the one case where cheap overseas labor is actually going to increase the quality of the goods. it certainly couldn't hurt.

 

[senob44]

I hear the famous Clydesdales are going to be shot and used as horse meat.


(Yes they do eat horse meat in Belgium. I checked.)

 

[recnal420]

another american company gone.. eh it sucks, it happens... but come on... Bud, Michelob Ultra and Natty lights :beer: :throwup:? i don't think that this is that big of a loss

 

[Jason z]

Another prime example of how America is going downhill.

 

[Violator79]

Well we still got Miller and Coors, but who knows how long those will stay American.

 

[maildude]

AB was and has been such a strong company...a harbinger of things to come? The economy is in the tank.

 

[Legzman]

Well we still got Miller and Coors, but who knows how long those will stay American.

I prefer miller myself. But Bud was pretty good too. I say but cause with new owners no doubt will come a new taste and it'll most likely suck.

Oh yea and the economy...blah, blah, blah...

 

[Vanilla Bear]

:crying: another American company gone, when will it end?

Will there actually be anything wholly American owned in the next ten years ?

Maybe Im just ignorant, but I thought Anheuser and Busch were 2 Germans who found that company in America!

 

[StopgapThe Dude]

Another prime example of how america is going downhill.

Oh give me a fucking break. Have you been to St. Louis lately? It's a fucking hellhole, and people are leaving the city by the trainload. Anheuser Busch hasn't done shit for the city except to force the city to cough up funds for the new Cardinals baseball stadium.

If AnheuserBusch had thrown some money towards improving the school system/housing/drug problem in the city then maybe I'd have some sympathy.

 

[devlinvelez]

While I personally do not have much knowledge of the in"s and out's of the purchase of this large scale company....this one was in the works for some time and is sure sign of the globalization of well known American companies being sold to foreign corporations. Being in the liquor and spirits business this means good thing as far as how the product could be better served by long standing brewers overseas that have had a handle on far superior beer products. They might make the Budwieser brand stronger overall but it could change how people look at how much they would consume it and how they view it as no longer an "American Made" beer. Time will tell.......

Next in line.....McDonald's.

 

[tartanterrier]

What will happen to Busch Gardens :eek: :dunno:

 

[Violator79]

I prefer miller myself. But Bud was pretty good too. I say but cause with new owners no doubt will come a new taste and it'll most likely suck.

Oh yea and the economy...blah, blah, blah...

Bud's my favorite along with MGD so if Bud or BL goes, I still got MGD

 

[Friday on my mind]

I doubt you see any change to the product.Did you notice any change at your local A & P Food stores when the germans aquired it a couple decades ago. They are probably not dumb enough to try "New bud" like coke tried with "New Coke".:1orglaugh

 

[Funkwerkz]

This is sad, really sad. I have never been to USA and had Bud and although Anheuser-Busch sounds German, Bud "was" a true American icon. It's using the word Bud for the word beer, i think. I mean in some dictionaries, beer = Bud.

American name, European capital seem great but give me a bad feeling. Anyway, welcome to the raw globalisation.

Having two damn seats in the board doesn't really make sense and it says InBev has also Beck's beer. So, can we make an assumption about replacing Bud with Beck's in American beer market? By the way, Beck's has an average taste.

 

[gunslingingbird]

Actually, it was my impression from the article that I read that Anheuser-Busch was the one buying In-Bev, but they had to wait on the decision of another company under the Anheuser-Busch name, Grupo Modelo, which brews Corona and Negra Modelo.

 

[titsrock]

Maybe Im just ignorant, but I thought Anheuser and Busch were 2 Germans who found that company in America!

Yes, they were Germans, along with Pabst, Schlitz and several others. These German immigrants basically changed the drinking habits of Americans away from Rum/Whiskey. These beer barons did a lot of community good for Milwaukee and St Louis.

Having said that, today, Anheuser-Busch bears little similarity to the founding fathers. It is nothing more than cheap, corn-filled, swill. InterBev simply decided that the American Economy is in a once-in-a-lifetime SHITHOLE and they get to remove a competitor AND takeover distribution..all on the cheap. I imagine there is laughter all across Belgium today.

For me, I don't really care. There are far superior American beers and Stella and Beck's are far superior macrobrews. So I look at it as a positive for quality beer.

However, there will be big changes in Advertising and Marketing. I doubt InterBev will care to sponsor so much American sporting events or continue the theme parks...

America has been FOR SALE ever since George W Bush took office 7 years ago. He has single-handedly made so many ruinous decision which have manifested themselves in events like this: the selling off of "American" companies, the ruination of Big Auto...the meltdown of his quaint "Ownership society" which, as each month passes, becomes a "CHain and Shackle" society...

 

[No_Man]

I lived in St Louis for several years and have been watching this deal closely. Here's some info to clear up the confusion:

1) Anheuser-Busch is an American company. Both Eberhard Anheuser and Adolphus Busch were German immigrants, but the company is 100% American.

2) InBev is buying A-B, not the other way around. Grupo Modelo plays into this because A-B owns a 50% stake in Modelo and has a shared distribution rights contract with them. That contract includes clauses requiring that Modelo approve of any change in ownership. If Modelo bitches about this enough, it could throw a severe monkey-wrench in the deal. But since the contract they signed is sealed, no one knows exactly how much of a problem it could be.

3) While the news outlets are regarding this a done-deal, there are still several ways it could fall through. First, InBev's increased offer has put them DEEP in debt and their credit is now worthless. There is already talk of creditors pulling out or increasing their interest rates. And InBev's shareholders are also beginning to squawk about the cut in profits for years to come that this deal imposed upon them. In addition, InBev has never had to deal with a union like the Teamsters. With their loyalty to the company and sense of pride in an American product, the Teamsters have always been fairly forgiving and generous with A-B. Not so anymore. If even one employee is laid off in the wake of this, you can fully expect the strike signs to go up without any hesitation. The A-B employees are furious over this and will do everything in their power to make life hell for InBev in whatever ways they can.