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.
Blame free market capitalists and their wallet hardon. It’s time to boycott and drive the price of the stock down. It’s the only weapon left against Euro vampires and their Renfield enablers (David Nicklaus types). I, for one, will not drink another Inbev product, including Budweiser, and I urge readers to do the same. I can see it now, dead clydesdales with two distinct puncture wounds on the neck.
Boulevard and Schlafly for THIS St. Louis resident!
Thirsty? Drink your Sellout.
I have to agree, this is not good for St. Louis. Every merger always starts off stating how wonderful this will be and low and behold 2-3 years later no it is not. Jobs are relocated, downsized and name brands are eliminated. I worked for Earthgrains, a spin off of AB bread division. It was acquired by Sara Lee…everything was suppose to remain as is but no one knew that in the contract that three years after the purchase everything would be relocated to Chicago. I feel for my children, the way American is going we are going to have nothing here in 20 years. Automotive industry is pretty much dead in the US, everything you purchase in the store is made in China (which has come to bite us in the ass here lately with all the recalls). It needs to stop - we are not going to be the BIG money maker for long. There will be nothing here except maybe hospitals that are seeing patients that have no insurance because of no jobs. I like several others will not purchase anymore AB product. It is sad that August let this happen - - boy his family has to be proud! I understand it will still be made here but like Toyota and Honda - you are giving money to companies over seas….taking away from US economy growth. Doesn’t help who we have in office either, bet everyone is kicking themselves in the a** for voting him in for another four years. Over a misguided war to make him and his little buddy Dick rich!! Americans are only to blame, you choose buy the way you vote and what you purchase.
Listen guys and girls,
The fact that a company was set in one place doesn’t mean it is actually from that particular location…
For example, did you know that AB was actually incorporated in Delaware?? Essentially AB is not from St. Louis, but from Delaware…
Going a bit forward into the ownership, these big companies might trade theor shares in New York, however you must also understand that big parts of the company are owned by trust funds, pension funds, banks and other institutional investors from other countries. In other words, AB was already foreign owned… (Barclays Capital, from Britain, was already one of its biggest shareholders)…
So what is left??? Management??? Well… If they were uncapable enough of creating enough shareholder value to keep away unwanted suitors, then they simply deserve to go and let the Belgian/Brazilians have a shot at it…
There is nothing wrong with foreigners working for big American endeavours… The american space program was ran by ex-Nazi scientists, the atomic bomb was devised by a European jew that escaped the rocket making Nazis…
Google was co-founded by a Russian…
Guys… stop draping yourself with the American flag… America was built and will be developed by immigrants and foreigners… (Even the Busches were foreigners to the US in their family history) Rejoice in that great American tradition…
As a former May company employee who was laid off, be careful about getting your hopes up about INBEV’s presence in STL. Britto’s comments sound eerily similar to Terry Lundgren’s (Macy’s CEO) comments made to us when Macy’s bought May. I think massive job loses, especially mid-high level corporate jobs are coming. Not to be cynical but if you are in one of those jobs, get your resume ready and start looking before you hit the job markets with many of your co-workers with similar skill & experience.
Sucks to be on the wrong end of the big stick, doesn’t it?
I bet you know all about that, dont you cupcake?