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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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This whole thing defies description.

I sincerely hope everyone boycotts AB-InBev and the company goes into the crapper - just to show what a BIG mistake this was.

I’m no longer a supporter nor will I ever drink an Anheuser-Busch product thanks to this.

American company, owned by a foreign one. What a pathetic state our economy has become.

— Travis
9:26 pm July 13th, 2008

This is horrible for St. Louis. Another blogger was right, we’re going to be the next Detroit.

When has any St. Louis merger been good?

- Macy’s promised the May Company that StL would be the Midwestern division headquarters, only to slash it in half

- American Airlines promised that they had a huge commitment to the city of St. Louis, only to re-route all of our flights and international flights over to Chicago O’Hare and reduce their flights here from 500+ to 200

- Now this. Goodbye Soulard, you’re going to look just like New Orleans after Hurricane Katrina in 2005.

— The MINGE
9:27 pm July 13th, 2008

Good deal-

Bud wasn’t producing very good beer anyways. Let the quality Missouri brewers like Schlafly, O’Fallon, and Boulevard, among others, take the brewing helm. Maybe now Saint Louis can focus on a future industry with real potential - the life sciences.

— kc
9:30 pm July 13th, 2008

Bush and the Republicans have betrayed us all with their incompetence and gross mismanagement of our nation. Our dollar is so weak that the world is buying up our assets at fire sale prices.

— Chris Andoe
9:31 pm July 13th, 2008

Well, even though they do business with Miller now, the Coors Brewery is still owned by the Coors family. I guess I’m drinking Coors Light from now on.

— Rick Martin
9:32 pm July 13th, 2008

DL is 100% correct. St. Louis is conservative, and the conservative leaders of the companies based here are being left in the dust. Anheuser-Busch is yet another example for us, but the sad thing is, us being St. Louisans, we’ll just do nothing about it but maintain the status quo. St. Louis is destined to continue it’s long decline, which is now over a century old, because we would rather continue on with the same ways of doing things, because, even though we know those policies have been proven failures time and time again, we’d rather stick with a proven failure because the result is predictable, and changing is not an option because, well…it requires change.

In today’s increasingly competitive, fast-changing and global world, we need to change and adapt with the times more than ever. In a high tech world that values education more than ever, St. Louis is one of the poorest educated metropolitan areas. We have so much going for us, but when it comes to choices to make the best of what we have, we get a D- because we simply won’t think big and bold.

That being said, boycotting Budweiser will do nothing but hurt ourselves, like cutting off our nose to spite our face. Drinking Miller Lite or Coors, or just about any other beer, will do nothing but hurt the local brewery employees and the local distributors, who need our help more than ever. PLEASE DO NOT HURT YOURSELF BY BOYCOTTING BUDWEISER. If you want to help St. Louis, start encouraging our leaders to change with the times.

— SD
9:32 pm July 13th, 2008

I won’t buy another AB product. I’m sick and tired of selling this country down the river.

— Chris Schmidt
9:32 pm July 13th, 2008

Unbelievable. What will the blue-collar job loss be for the year 2008 in Saint Louis? First Chrysler and now AB. Saint Louis might as well go right to work, because skilled, hard, and meticulous work is looking to be making a much lower wage now. There may still be many jobs available at the brewery, but judging by InBev’s record with unions, the rich will get richer by taking money out of the blue collar worker’s pocket. Instead of letting the filthy rich white collars take a hit, it’s those workers who break their back day in and day out to make a living wage who will no longer be able to do so. Good riddance AB. I’ve bought my last Bud.

— Matt Spaeth
9:35 pm July 13th, 2008

Miller’s merger with MolsonCoors has already cost jobs in Milwaukee. Even more jobs at the office HQ in Milw. will be lost when they move to the new HQ (possibly Dallas). Don’t be surprised when they start lopping jobs off in STL.

Regardless, sad day for American brewing industry. With the way the dollar is, don’t be surprised if more industries aren’t gobbled up. (e.g., Ford, GM, etc.)

— Dean
9:37 pm July 13th, 2008

This day will be forever remembered along with other Awful Days in St. Louis history such as: 1) The day railroads decided to focus their westward expansion through Chicago, 2) the great tornado of 1896, 3)TWA gets bought by American Airlines, etc. The first thing to go after the pride of being a St. Louis owned business will be the jobs. Someone should ask Mayor Slay if he can petition to change the name of our city to Flint.

— Drew
9:37 pm July 13th, 2008

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