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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

Comments are closed.

Should have wrote:

This is the same kind of propaganda that the unions used, but there’s were, “we can’t find Blacks to pass the entry test”. Garbage!!!

— D. Walker
2:38 pm July 16th, 2008

DW, I was a hotel manager for quite a few years and could not find enough people to clean rooms. I had mostly Bosnians and Hispanics with green cards cleaning the rooms. Prior to the hotel industry, I managed restaurants and can’t tell you the number of times I washed dishes because the black or white dishwasher quit.

After the hotel industry, I worked in retail and can’t tell you the number of managers who had to work extra shifts because they could not find qualified people to work the floor positions.

One final note, as I have mentioned in previous comments, my wife works for Anheuser-Busch and there seems to be a wide variety of ethnicities in her department, including Black and Asian.

— Logicprevails
3:07 pm July 16th, 2008

Logic,

Paul spoke of not being able to find qualified workers. It doesn’t take any kind of qualifications or a brain to clean hotel rooms Logic.

Still waiting Paul.

— D. Walker
3:51 pm July 16th, 2008

Logic out of curosity, how much do workers earn on average hourly to clean hotel rooms? Also, do hotels offer these employees benefits?

— D. Walker
3:55 pm July 16th, 2008

D. Walker–I am going to decline to say what I do, other than that the government reqiuires certain standards to be met in order to do what I do. There are not enough Americans who meet those standards. It’s literally a red line–either you have them, or you don’t. I can only train so many people; I need people who can sign for things and take responsibility right now. That is true all over my industry.

I’ll give you another example discussed ad nauseum–nuclear engineers. We don’t graduate enough of them from our colleges. Nuclear power plant operators all over America would give their left arm to find more Americans with college degrees in nuclear engineering. This is similar to my industry–we need people who are already qualified.

This is quite common in many math and science based fields. My friends who are chemists have the same problem.

I’m not in the computing industry. I am aware it does not have shortages of workers.

I’m glad you think my failure to find Americans who have the qualifications OUR GOVERNMENT REQUIRES THEM TO HAVE equates to racism. This is not some vast conspiracy–it’s a reality. Jobs requiring a very technical education see the same shortages across the U.S. It’s not like people magically appear with technical skills that are learned at a 4-year university.

— Paul
3:56 pm July 16th, 2008

To Paul who said

“what annoys me is that AB IV keeps saying his responsibility is to the “shareholders.” ”

Actually, corporations are LEGALLY REQUIRED to act in the best interest of shareholders, not employees or anyone else. Yes, that sucks.

So, you see, the Busch family sold out long ago when they took the company public.

— Ken
4:49 pm July 16th, 2008

Ken–That was Doug, not me. I made the same point that you did.

— Paul
5:02 pm July 16th, 2008

Paul,

My point was concerning those who are qualified who are being replaced by HB1 workers, one example that I gave you was the IT field, which I am personally familiar with.

Now, if the government would invest in our own citizen in the way of training, as you yourself state, you can only train so many people. Use some of these HB1 visa workers to train American citizens is the whole point that I was making with you many posts ago.

It did not have to come to this state in America, as far as not having these unskilled workers that you speak about if people like yourself, corporations and government used or had common sense and truly cared about both the good of America and its citizens. The main problem is not having skilled workers, but having too many in corporations and government with no common sense, which is true wisdom.

— D. Walker
8:29 pm July 16th, 2008

Actually, Pabst is the largest American owned brewer, although they contract out their brewing (much like Sam Adams does.)

So it was funny a couple of years ago when AB ran ads lampooning Miller and Coors for not being true American beers.

It won’t be so funny when Pabst runs the same type of ads about AB.

In retrospect, I guess those AB ads were mean-spirited.

— Rob
7:07 am July 17th, 2008

I am a stockholder.I am majorly against the sell of AB. What is going to happen to the beautiful Clydesdales? The amusement parks? Seaworld?

We just keep selling America off to foreign countries. Soon there will be NO America if we keep selling our companies off.

Kentucky Fried Chicken, Taco Bell , Pizza Hut, Long John Silvers are all owned by a Chinese company.

Buy American just seems to be getting smaller and smaller.

Next thing you know English will not be the language for this country.

We are going to destroy ourselves not by war but by selling America piece at a time. Too bad we think we have to sell to a foreign country.

— stockholder
10:33 am July 17th, 2008

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