07.13.2008 8:14 pm
Anheuser-Busch sold to InBev: Good deal or bad?
St. Louis Post-Dispatch
Early Sunday evening, news broke that Anheuser-Busch Cos. directors accepted a $70 per share takeover offer from Belgium’s InBev.
The new company will be known as Anheuser-Busch InBev. Will this be a good deal or a bad deal for St. Louis region?


Don’t work at AB, no family members work there but plenty of friends. 99% of those friends have said there is so much waste of time and money at the brewery and everyone there knew it. The Busch’s owned less than 5% of their own company. Now, who is the bad guy here! This has been in the making for YEARS. How else can you explain the poor stock price for the last 5+ years. You can bet it was not the Busch family who was looking out for St. Louis…….Auggie must be spinning in his grave. Oh, yeah and thanks George BUSH for our weak standing in the world’s financal community.
Mary Rene–no, it was an all-cash offer for all of the stock. The Cuban question didn’t matter since they are incorporated in a foreign country. And the debt will be held by dozens of banks and institutional investors who have quite a bit of uncommitted capital. Any more conspiracy theories to clean up?
Fuxks–come on, now. There’s quite a few great corporations still based here. Monsanto, Worldwide Technology, and Edward Jones come to mind. It’s not like we lost the only big company that we have.
As a beer drinker in another great American beer town, I’m sorry for St. Louis. This will be bad for St. Louis and soon Bud will be as diluted as the other brands that InBev has ruined (Bass was a great English ale and now tastes like swill).
It is too bad that we don’t protect our national food and beverage heritage the way other countries who know that there is more than money and greed that makes a country and who understand that food tourism equals $$$ into the local economy. If we had laws like those of Bordeaux, for example, sales like this and the ones that killed Milwaukee wouldn’t be allowed.
For all of you who want to still drink an American beer, brewed in America in the cradle of the Revolution with a pedigree to match, you can drink Sam Adams. Jim Koch has kept his brewery right here in Beantown depsite offers by the “big guys”.
Good Luck St. Louis. We’ll keep our fingers crossed for you.
I just wonder what the Europeans think of St. Louis, a city (excluding the county) which is loaded with crime, probably the worst public school system in the nation, and an airport that went from a mega-hub a few years ago to the runway to nowhere with the loss of TWA. We will be lucky to even keep the brewery here. Furthermore, our leaders like Sen. Claire McCaskill were absolutely rude to Mr. Brito, telling him to his face in front of the cameras that she didn’t want his firm to do business in our city. She is also a huge Obama supporter, which doesn’t surprise me. What would I have done? St. Louis doesn’t have a choice. I would have let the company have the whole damn city, and do so tax-free. We have nothing to lose. They might be able to take over the ailing school system and import some of the best educators from Europe; they might be able to fix the streets, get rid of hideous stoplight system we have from the 1950s, clean up the crime, and really make the city the symbol of a civic renaissance - the Gateway to the West - to showcase for the whole world. New development would then stem from that, bringing us back to our feet. But they did it the way they’ve been running our region for years, and the decline continues. St. Louis doesn’t deserve to be the host of a world headquarters. It’s not the city I don’t love, it’s the idiots we have for their backward-thinking, anti-business mentality and terrible leadership that has brought us to where we are now. In that sense, the people of St. Louis voted the current leadership in, so they have no room to complain about this transaction and whether the new company decides to continue operations here or not.
Maybe this new company will use its newfound clout in Missouri politics to push for a repeal on the sugar ethanol tariff!
Ask the cities of Fenton and Hazelwood about corporate committments. This is the beginning of the end. Gussie is rolling over in his grave. Hey Board of Director: For all you did, this Bud’s NOT for you.
If I see one damn InBev sign Busch Stadium there’s going be a damn Riot.
There’s no St. Louis in St. Louis anymore.
Time to find a new beer. Guess I’ll not renew my Busch Gardens/Seaworld annual pass for next year either. McDonnellDouglas and now Anheuser Busch. Glad I moved to Florida.
Scott: Nice way to turn a time of civic discontent and sadness into a platform for you personal political agenda. Nice work, stud.