The board sold out. Brito would have payed 90 a share.If not, take a hike. Should have done deal for Modello,and stayed independent.Inbev needed A_Busch. I guess Whitacre and Warner have some free time now since there is no more A-Busch board
Thanks for nothing.John

AB had the poision pill ready to go on that conference call on Tuesday. They basically threatened Brito with the rest of the purchase of Modelo (deal was on the table and all the board had to do was sign it, that is why they meet on July 7 and why a call was made to Brito) to kill the deal, this is what caused Brito to cough up the extra $5. If he had not raised the bid to $70 the board would have approve the purchase of Modelo on that Wednesday evening board call.
The board did not immediately sign off on the remaining 50% purchase of Modelo because they knew the law suits would fly at them personally and they did not want to risk their personal wealth so they twisted the arm of Brito and he said Uncle!
They (board) basically sold out the Busch’s, the employees, the charities, the city and many others for the almighty buck/euro.
Please report how much each board memeber gained financially from the sale?

Like i’ve said before i’m a thirty year employee.I want us all company and hourly to walk out the door.Let brito run it.I am one sore loser,and i aint ready to give up the fight.

Let’s not be naive. August III controls that board. If he wanted to fight the InBEv takeover he would have done so. Unfortunately, IV and his father’s relationship sewed the seeds of A-B’s undoing. August IV never got the backing of his father. No different than what Gussie did to August III when he was starting out. The same dysfunctional family cycle repeats itself. I never thought August III would let this happen. Quite frankly, i underestimated the division between himself and his son.

Hmmm, Ed Whitacre intervened in our behalf. Isn’t he the past SBC president who disliked St. Louis b/c he was not invited to join a country club, moved the headquarters to San Antonio b/c that is where he preferred to live, and gutted the St. Louis company headquarters, although St. Louis is now in the center of the expanded ATT (old SBC and additions) territory?
Thanks, Ed. And, Mr. Nicklaus, I hope you have moved past your fear that Carlos Brito might become angry with St. Louis and Missouri state officials because they resisted an unsolicited takeover. Next time, please hold off on your instructions for everyone to behave nicely during a hostile takeover. I presume Mr. Brito has reasonably thick skin.

Let’s be realistic. The Board and the Busch’s were powerless. This company is owned by mutual funds and guys like Warrent Buffett. They’re getting killed in the market this year, and were 5 months away from publishing their lousy returns to their investors. So if they had a chance to make a 50% return, and prop up the rest of their portfolio for the year, they’re taking it. They don’t give a hoot about AB’s history or what it means to this town. AB has been dodging this bullet for years, but couldn’t overcome the weak dollar. InBev bought them at 50 cents on the dollar. We’re just a victim in the game of global economics, with one presidential candidate who sees this clearly. Thats why he’s campaigning all over Europe. Why just shoot for President of the USA when you can become President of the World?