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07.13.2008 8:14 pm

Anheuser-Busch sold to InBev: Good deal or bad?

St. Louis Post-Dispatch
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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?

545 comments

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Stan Smith… Sounds like you were raised with a silver spoon in your mouth. No doubt a pampered pup, living off the labor of others.

— EJ Rotert
11:34 pm July 13th, 2008

Ooh, just to clarify things, the “Scott” wondering about what the Europeans think of St. Louis is NOT ME, even though I did slam our conservative thinking in an earlier post. I agree, however, with this “Scott” that St. Louis has a terrible school system but I imagine it’s probably not much different than the inner city school system of most major US cities. He brings up a good point that we have elected our leaders, so we have only ourselves to blame. We’ve have a long legacy of stupid decisions based on our narrow-minded, short-sighted, parochial, conservative mindset. Too bad we won’t change. So I guess we’ll just keep suffering.

— Scott
11:35 pm July 13th, 2008

If I’m going to drink a foreign beer, it’s gonna be a Guiness.

— Guiness, anyone?
11:37 pm July 13th, 2008

Fred–Take off the tin foil hat. The President only has so much of an impact on the US Economy. The vast majority of what happens in the country isn’t controlled by the government. We tend to give them too much credit when times are good and too much blame when it goes South.

We can debate the strong or weak dollar some other time, but it’s actually not a bad thing for blue collar workers–it makes our products cheaper overseas. It sure helps out the folks over at Boeing when they try to sell something outside of the US. It’s not like it’s just a bad thing for the dollar to be low.

JRJR–A-B’s biggest shareholders are institutional investors. Mutual funds, pension plans, et al aren’t day-traders because they have so much money to invest. It’s impossible to sell or buy sizable chunks of stock without moving the market.

Some of those groups have a focus (say, wanting dividends, wanting to own very large stocks, targeting a non-cyclical business) that led them to invest in A-B. That didn’t lead them to forget their job, which is to maximize return.

— Paul
11:42 pm July 13th, 2008

Want a big block of cheese to go with your whine? AB was headed to you local sewar plant. Lost a good deal of market share to not only Miller/Coors… imports and micro-brews were slapping them like a red-head step child. And the Busch Family…more dysfunctional than a Michael Jackson Day Care Center. Their new name….”Toast”

— michael
11:43 pm July 13th, 2008

The AB directors are traitors!! Sell out for the Almighty dollar a city that has been more than gracious to you,the citizens helped make you the largest brewery in the WORLD, the Clydesdales a beautiful symbol of this city and the brewery, and you sold your soul to some company in Europe??!! This is big-time BAAADDD for St.Louis and it’s people. It certainly fully illustrates the sad state the city and it’s people are in to allow such a thing to happen. Dear God, please wake up St. Louisan’s from allowing themselves and their city to be ruined by foreign investors. I hope and pray that St. Louis will see a new and brighter day someday soon, but it looks like they’ll pay the price first, before that new day comes.

— Mrs.Stethem
11:45 pm July 13th, 2008

Hate to break it to everyone but not only AB employees will be affected by the buyout. The advertising will not stay the same! Every advertising agency in town feeds of some work by Anheuser-Busch. Not to mention printers, distributors, etc. The list of companies and occupations that will be impacted is quite long. Less jobs in a less-than-good ecconomy. Just what everyone needs.

— Soon to be unemployed
11:47 pm July 13th, 2008

Is Raymond Burke behind this somehow?

— Stan
11:48 pm July 13th, 2008

Mrs. Stethem–or maybe the A-B directors actually did their job and acted in the interests of the shareholders that they, as the board, are supposed to represent?

— Paul
11:50 pm July 13th, 2008

It is just beyond my intellect and understanding how anyone was or is a blue colloar worker or middle-class could support George Bush or any Republican in recent history here.

I wonder if Missourians are going to wake up and open their eyes up to the reason why Missouri as every other state in the U.S. is and will be facing financial perils. Eyes have been turned onto all the wrong things for a very long time, while your eyes were focused on what you IMAGINED the problems were, (quotas, free hand-outs, equal rights admendment, construction jobs, etc… The very ones who had your attention focused on these things were raping you without you seeing it. They, the Republicans got your votes because they were going to end all these hand-outs to these underserving groups, right?

Look at all the energy placed into these very issues just a short time ago when jobs seemed plentiful and no end to our great economy. Now, notice how much non-issues they have becoming, your jobs are disappearing. No one will have these very jobs that ones have successufully locked others out of.

Between companies closings and America companies looking so good to foreign investors because of our weak dollar, some of you will finally learn Who your one and only true source really is. It is so sad seeing whats ahead. There are still many out there who are depending on the false security of their wealth and will be brought down to nothing.

I just pray that people will open their eyes and stop listening to and believing corrupted hearted fools with motives.

— D. Walker
11:51 pm July 13th, 2008

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