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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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I know this isn’t a popular thing to say right now, but here goes… I take all these people saying they won’t buy A-B products anymore with a very large grain of salt (in fact, it’s called a salt lick). So many people say this type of stuff, but when it comes down to sticking by their actual words, they cave. How many times have I heard union workers tell people not to shop at Wal-Mart because the company is anti-union? Now, remember the grocery store chain lockout of the unions in St. Louis a few years back? The grocery section of the Wal-Mart Supercenter in Eureka was packed over the course of the lockout! Of course, none of those Wal-Mart grocery shoppers were union workers! Right! So, why didn’t these union workers have the gumption to stick by their words and drive over to Illinois for groceries? Because most people don’t have the backbone to stick by their words! Never buy A-B products again? Don’t make me laugh!

— EJ Rotert
10:14 pm July 13th, 2008

Your Sunday story on InBev made me realize that Bud was done in by the Bushes. Those that ran the company and didn’t grow it and the one in the White House that has run this country into the ground like Argentina where InBev earlier picked off another brewery because of the devalued Argentina currency. Your story also mentioned how InBev will run a tight ship keeping executive perks in check unlike Bud and its fleet of corporate jets, etc… maybe other American companies’ can learn something from InBev in this regard.

— gettin over it
10:14 pm July 13th, 2008

tsquare said:
As I’ve said in these pages before… InBev + AB = STL-DOA
Forget fundraising
Forget culture
Forget sports
Forget political reach or power

For those of us outside St. Louis, this is a good thing! Maybe AB will stop subsidizing all this nonsense in St Louis and LOWER their OBSCENELY HIGH PRICES!

— Jimbo
10:16 pm July 13th, 2008

Remember, A-B has squashed smaller companies under its heel in the past and walked away with an aloof attitude. So finally A-B met a bigger fish. I’m sure those smaller companies aren’t crying over A-B’s misfortune. I’m sure they feel A-B had it coming.

— EJ Rotert
10:20 pm July 13th, 2008

If the people of St. Louis really wanted to keep A-B American-owned, then they could buy the majority of the outstanding shares and vote against the takeover.

— gwconcord
10:25 pm July 13th, 2008

I’ve always strongly supported Anheuser Bush. I remember when I was in Orlando, A-B allowed free admission into Seaworld with a military ID - the $50 or so would have been a good chunk of my entire day’s budget otherwise.

Inbev from what I have seen is a “management” company. They will apply the same souless management principles to gain “efficiency” - in other words squeeze the workers’ pay down as much as possible, concentrate on manufactured PR instead of trying to do a good job and let the results speak for themselves, and try to create quality through idiotic methods such as “lean Six Sigma”.

I’m done with Anheuser Bush (Inbev?) at this point. There’s plenty of other beers to choose from and I refuse to support a company whose greedy shareholders sold out for a quick buck.

— Dan Picula
10:25 pm July 13th, 2008

Will the last person out of St. Louis turn the light out?

Let’s see….City/County archaic government. State AND City income taxes. Almost every company that WAS in St. Louis is relocating to more favorable areas….or will in the near future. What’s left. Nothing.

St. Louis just got screwed…and not by InBev…look no further than Number 4 and the rest of the crew at AB that sold the company. There’s a lot of no-talent, golden handcuffed hacks over there that are really going to be nervous right about now. I say good for InBev, I’ll help point out the detritus….time to thin out the herd.

Creating shareholder value? are you kidding me. How many citizens of St. Louis actually own AB stock. And if you don’t work for the company, I bet it’s not many shares. This is like Wal Mart saying they create jobs. The part they leave our is that they actually povide incremental low income, sub-standard jobs that really don’t do anything for the tax base of a city…in fact, those jubs are a drain. Shareholder value??? At what cost?

— Ogie Oglethorpe
10:26 pm July 13th, 2008

thank goodness AB doesn’t own the Cardinals oh man I wonder what that would be like now if they did..

— Andrew
10:30 pm July 13th, 2008

Why does it matter to the rest of the country if InBev shuts down operations in St. Louis? Did any of you in St. Louis care what happened to Latrobe, PA?

— MJ
10:30 pm July 13th, 2008

The last time I checked Missouri was a Republican stronghold with many “hard-working Americans”. Now who supports all those free-market theories? Ahh, the Republicans… It’s simple as supply and demand, the $$ is cheap for Europeans right now and - another Republican concept - the guy with the most money wins! And so it all comes full circle and hits you right in the face.

— blob
10:31 pm July 13th, 2008

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