Time to mend fences with Brito
Various media outlets — the New York Times, Wall Street Journal and Bloomberg, to name a few — are reporting that merger negotiations have begun between InBev and Anheuser-Busch, with InBev apparently willing to raise its offer to $70 a share. If that’s really the price, A-B’s board probably won’t be able to keep saying no.
One quick thought: Now might be a good time for Gov. Matt Blunt, Mayor Francis Slay, Sen. Claire McCaskill, Sen. Kit Bond and others to begin backing off of the harsh anti-merger comments they made to InBev CEO Carlos Brito. If he’s going to be the CEO of a major employer in our town, it would be nice to have him think we’re a forward-thinking kind of place.




David Nicklaus has covered St. Louis business for more than 25 years. His column appears three days a week on the Post-Dispatch business page.
Amen to stopping the negative talk by the politians. Mayor Slay last night on Fox 2 seemed resigned to the buyout. I am not sure, other than grandstanding, what they thought they were going to accomplish they knew from the beginning they couldn’t stop it.
Like I have said before it is time to break out the lip balm and start kissing up.
Expect Inbev to come with their hands out and want tax relief from the city and state to stay here. Inbev will not be fond of paying the city earnings tax on their revenue and I am sure other cities would love to have the several thousand North American jobs that will remain and will gladly offer tons of tax breaks to get them to move.