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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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for shareholder it was great, for stl it was bad. I am with the boycott, only a matter of time before they move out of here anyway. Anybody currently employed there now needs to be looking elsewhere unless they are as naive as we were with the chances of no deal taking place. I wonder how much Al Hrabosky’s and the saveab guy made off of all this? We can only hope that they have no good way of paying off those loans but that’s unlikely as well.

— griz_47
9:11 pm July 13th, 2008

really unless you work for the company this will have no effect on you. they claim to be committed to keeping the brewery here and would be insane to move it. does it matter what corporate suit counts the beans at the end of the day? the way AB is portayed as this local mom and pop being bullied around by a corporate ogre is comical. as far as not drinking bud products now….. why? its still bottled in st louis and as long as there are people from my town brewing it im gonna support it.

— brainalishi
9:12 pm July 13th, 2008

i thought budweiser was ‘great american lager’ - that’s not very american. WTF is that?

— Nickoli
9:12 pm July 13th, 2008

How do you put a price on a legend? It is just sickening. I felt like St. Louis, who supported this company for years was just kicked in the a.. . It was a bad idea all the way around.

— Gina
9:14 pm July 13th, 2008

From one Midwestern City to another I am sadden by the loss of AB. It will forever go down in history as one of the most amazing American companies ever. One of the main reasons I would visit StL was because of AB. InBev will lose in the long run. May they rot in heck!

— MackChicago
9:15 pm July 13th, 2008

Yes!!! I’m rich!!!!

— doug morgan
9:15 pm July 13th, 2008

It doesn’t really matter, does it? The dollar signs rang true in the eyes of all involved. I feel most disappointed in the fact that AB pretended to fight against the takeover. They were just trying to get a higher price. And they got it. Why should they care that I just dumped my Budweiser out in my backyard and won’t buy another AB product ever again? The people of St. Louis never mattered to AB. Anheuser-Busch just put another nail in the coffin of America, of what America used to be.

— Shocked in South City
9:16 pm July 13th, 2008

Personally, I support the Free Market and accept that this is part of what a Free Market brings.

Really - asking for the government to get involved in a deal between two companies just really smacks of socialism.

I think that the biggest problem here is that InBev is known to be ruthless at cost savings (which means - bye bye jobs) and no doubt InBev will seek cost savings both by reducing jobs in St. Louis as well as, I would predict (regardless of what either company will say) look to start moving operations to lower cost areas as soon as possible.

— Rob
9:19 pm July 13th, 2008

I can’t and won’t fault any of the previous comments I have read. Just please keep in mind that A-B management had many, many, many, Etc. opportunities to grow by international acquisitions and chose not to do so. (This is based on first hand experience.) Sine August III stepped down the management (AAB IV)and board have done nothing for shareholder value. Their ineptness invited this situation and they are the ones to blame…not InBev. It breaks my heart after 27 years at A-B. Boy do we miss Denny Long, Mike Roarty and AAB III!!!!

— 1901metz@sbcglobal.net
9:21 pm July 13th, 2008

This is awful! When will America quit letting all these shareholders make all the decisions what happened to the little person’s voice I thought A-B was one of the only companies left that cared about the little man.St. Louis will feel these harsh actions for years to come. Good Bye to the best beer we have!

— Will
9:24 pm July 13th, 2008

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