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?


Everyone involved in this deal seems to have more money than they will ever need so I wonder what the real motivation for this takeover is. I think self delusional power is the only possible answer as if shifting money from one company to the next is some savvy business accomplishment. Anyone who can count and listen to advice would be more than competent to pull these kind of deals off. I guess it’s time for all of the money handlers to jump into their piles of money and giggle as if what they do creates any real substance in this world.
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”
Long live the king!
*chugs a schlafly*
anyone wanna place bets on when they roll out of town?
Long time Bud drinker. I just declared my independence from this foreign invader called InBev/Busch. Just went out and bought some Sam Adams and some Tommy Knocker Jack Whacker Wheat microbrew. I bought my last Budweiser on Thursday. My buddies and I are going to have a Boston Tea Party and dump the Bud and drink the SAM. They think they can make us keep drinking their swill and toe the company line. I say Bull****! In six months when this sale is supposed to go through, BUD isn’t going to be worth the paper this agreement is printed on. They thought these p***ed off Americans were not kidding. They called our bluff and now it’s time to BOYCOTT THE BUD and DRINK AMERICAN OWNED BEER. This is just the next step in this game. THIS IS JUST THE NEXT STEP!! BOYCOTT BUDWEISER FOR SIX MONTHS AND THE INVADERS WILL GLADLY HAND IT BACK TO THE U.S.!
I love how you thing, Bud Boycott. Probably not enough of us to have a real impact. But if we buy Bud, a lot less of it will be reinvested in St. Louis that it was before. It’ll probably go to some offshore acct. If we by Schlafly or some other local brew, at least the money will stay in town, and help employ people.
D. Walker–right, because making it harder to do business and increasing taxes is the way to save the blue collar worker. Maybe some of us middle class folks vote for Republicans because they understand that isn’t the case.
The bottom line is that as the economy changes, we’ve got to move with it. The American public has made it clear that they are willing to pay for foreign goods and services if they provide the right value. We succeed as a country by making sure that our products and services are better than theirs are, not because we make it harder for them to sell it here or because we force ourselves to only buy our own products when they don’t give us value as a consumer. This is all the Democrats propose to do. These proposals actually make us poorer as a result–they take value away from us.
You complain that things are suffering because of the weak dollar. The dollar is weak because we spend too much. Yet, this is exactly what Obama proposes to do. How, then, do you expect the Democrats to strengthen the dollar?
In any case, most of the economy isn’t controlled by the government, so there’s only so much the next President can do.
Hoya–or, God forbid, they just want more money than they already have? Sometimes a spade is a spade. Don’t overanalyze this.
I wish they would take down the 40 sign, they let us down, and I don’t want them anymore.
I cannot believe AB’s selling out!! Don’t they understand that this will not only be end of Bud but Inbev too? Bud drinkers will fall by the droves. I will not purchase it anymore. One of the largest group supporting AB are unions. Do you think they will buy a foreign beer? Not!!! Call it Anheuser Busch Inbev, so what? It will still be foreign owned.
Inbev is leveraging themselves out to purchase AB. They will not be able to pay back the loans. How does this help anyone? There was doubt if they could get the financing for $65 a share. Where will they get the money for $70 a share. This is a car crash in slow motion.
There was talk of Inbev not being able to buy AB since they sell to Cuba, which is embargoed. Can’t the Feds do something to stop this train wreck? Can’t someone find some sense in all of this? Where are the Inbev stock holders? Are they truly on board? Do they understand the risks?
As a former resident of STL who left when their company “mergered” my heart goes out to the people of STL. While I only lived there for a few years, STL is a terrfic city which has such potential. Unfortunately, the provencial attitudes of the “locals” have led to the city’s decline. Just look at the list of firms which have closed or been aquired over the past 15 years:
PET
Purina
AG Edwards
Edison Brothers
TWA
Furniture Brands
May Company
Allegiant Bank
Boatman’s Bank
Mercantile Bank
and now AB..
It’s only a matter of time before Schnucks or Dierbergs are acquired by SuperValue, Kroger or Royal Ahold.
who’s next??
Brown Shoe
Build a Bear
Peabody
Enterprise
Express Scripts
While InBev will promise to maintain a HQ here, we all know what that means… Talk to the folks at Macy’s, or AG Edwards are are now “with Wachovia”..
What is the leadership of Missouri and St. Louis doing to attract business to STL?
Scott, paul, and all of you multiple jims out there, save it. it appears the majority of us don’t have the means to accept this in open arms like you do. You are prob all have large amounts of stock in AB or you are inbev corp mouthpieces. I have been through 2 of these friendly mergers and both times I was thrown to the street. In your opinion I was ‘wastefull spending’. I am now learning a new trade on the state of MO ie your tax dollars. And I bet you all are pissed about that as well. None of you see human beings in this, just $. So suck one, because some of us really don’t want to hear it. Maybe you should all read some history and see what happens eventually when the working class keep getting crapped on, start w/ the french revolution. Research how well that worked for Louis XVI.
For those who don’t believe it, you should. I will NEVER buy AB again. I refuse to be extorted by threats. The AB workers are on borrowed time. I heard the same crap for 2 years. Macys was ‘ very commited’ to st louis and its headquarters. Terry Lundgren came here for a ribbon cutting and a great future for the city and compnay. It didn’t last 18 months. So F*** carlos and his greasy lies. AB workers, start to think about your future NOW. Don’t believe what they tell you, to many of us alllready did.