Anheuser-Inbev Merger
#2
VIP Member
VIP Member
Did the buyout go through? Wasn't it around 700 BILLION?That is a disgrace. An American business, ie. Budweiser to be owned by a European company, WTF. That would give Inbev more that 25% of the total beer market the world.
I was a life long Budweiser guy. Thank goodness I am sober now (not due to this merger, LOL).
I was a life long Budweiser guy. Thank goodness I am sober now (not due to this merger, LOL).
#5
Registered
that sux...i don't drink much beer except on the water....i guess i will find another beer...that should show them i mean business and really put the hurt on those bastards....
#6
Registered
The officers approved it, has to be approved by the stock holders, EU anti-trust board, US anti-trust board before anything final can take place. With the Euro at double what it was a couple years ago, (or dollar at half depending on point of view), will keep happening. Wonder what will happen to all of the Busch/Bud etc. race teams in US if finalized?
#7
Kind of the "IB" of the beverage world, eh? The gobbling up and consolidation of brands continues.
Remember when somebody bought Lowenbrau, which was a decent lower price lager... and then it reappeared a year later as a micro brew at 7.50 a six pack? Maybe Bud will go away and return as a "craft beer" at 8 bucks a six.
Remember when somebody bought Lowenbrau, which was a decent lower price lager... and then it reappeared a year later as a micro brew at 7.50 a six pack? Maybe Bud will go away and return as a "craft beer" at 8 bucks a six.
#8
Gold Member
Gold Member
$70 a share - 52.xB purchase price....
I don't drink any beer but it is a shame to see such an icon of Americana sold partly due to the drop in the dollar value. Will be interesting to see if they keep Bush Gardens open in Williamsburg....
I don't drink any beer but it is a shame to see such an icon of Americana sold partly due to the drop in the dollar value. Will be interesting to see if they keep Bush Gardens open in Williamsburg....
#10
VIP Member
VIP Member
My friends used to joke, "there are three kings in this world.'
1. The Lord God - king of the world
2. Richard Petty - King of Nascar, and finally
3. Budweiser - the King of Beers - at this point we would toast. This "toasting" would go on for at least 12-pack per person, me included.
Budweiser will never be the same.