CNBC: Anheuser-Busch/InBev deal to close next week
InBev’s $52 billion takeover of St. Louis-based Anheuser-Busch may be completed as early as next week at the agreed-upon $70 a share, according to CNBC. The financial news network cited unidentified sources.
Both companies’ shareholders have lent their approval to the deal by overwhelming margins. The deal will create the world’s biggest beer maker. InBev said recently that regulators in the U.S., U.K. and China still must sign off on the sale. On Friday, InBev declined to comment on the CNBC report.
Lager Heads has a call in to the U.S. Department of Justice, which is looking into the antitrust implications of the buyout. There is not expected to be a major issue in the U.S., since InBev has only a couple points of market share. (Anheuser-Busch has a little shy of half the U.S. beer market). We’ll update when we got more info.
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Jeremiah McWilliams is a native Virginian who came to the Post-Dispatch in early 2007 to cover beer and other consumer products. He previously covered manufacturing for the Virginian-Pilot newspaper in Norfolk, Va. He is a graduate of Washington and Lee University. 
It’s still the same beer, so give us all one!
Well they say that recession doesn’t hurt beer sales. What beer did they mean?
So the largest American-owned Missouri brewer becomes… what? I think Boulevard is larger than Schlafly, but I don’t have numbers to back that up. I’m sure that Mueller or O’Fallon are vying for a distant third.
Who cares? I stopped buying AB beer months ago. And have no plan to start again.
So you stop buying AB beer, to the detriment of those still working for AB–friends, neighbors, relatives? That makes no sense. The same people who made beer at AB last week will be making beer at AB next week. Let’s help protect the jobs that are still here and people who make a high quality product!
I agree with Eric. No more AB beer for me. I will still support local jobs, except it will be either O’Fallon or Schlafly.
How do you distinguish between the job of someone working at AB and someone at Schlafly or O’Fallon? If it is a matter of taste, OK, I understand. If it is because you don’t like InBev and you think you’re punishing someone, I don’t get it. Again, AB still makes beer in the US and people in our region still earn a living from AB (or ABInBev). Assumption is that in everything else you buy, nothing is made overseas or by a company in the US that is owned by a company headquartered outside the US.
I bet all the cry babies who claim to not drink ab products ever again are the same little twerps who used to take their ball and go home when things on the playground didn’t go their way.
Nope, I used to support AB because it was a St. Louis icon. Its not any longer. Their beer isn’t better than anyone else’s so I will just support the next big local icon and maybe it is Schlafly.
I will still buy AB products as long as my brother is still employed. If he gets it, then I’m done. Although Brito doesn’t care, he said so, he stated it didn’t matter if St Louis boycotted AB products.
My gut tells me that Brito will strip that place bare and will even hold a garage sale on the parking lot to unload extra paper clips and pens.