11.12.2008 5:06 pm
Vote now: A-B shareholders did
Anheuser-Busch shareholders voted today to accept Belgian brewer InBev’s $52 billion buyout of the St. Louis-based company. Anheuser-Busch officials announced the results of the voting at 11:25 a.m. CST during its shareholdering meeting at a hotel in Secaucus, N.J., a few miles from Manhattan.
Owners of more than two-thirds of Anheuser-Busch stock voted for the deal. The 497 million shares cast in favor amounted to 96 percent of all votes cast, which Anheuser-Busch acclaimed as a strong endorsement. Some shareholders abstained from voting.
For more, read our blog on the beer biz, Lager Heads.
A-B/InBev takeover: What should the Weatherbird say?
- Bud out (36%, 20 Votes)
- Long live the king (32%, 18 Votes)
- InBev we trust (25%, 14 Votes)
- The new king of beers (5%, 3 Votes)
- The votes are in (2%, 1 Votes)
Total Voters: 56
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I feel that the brightest jewel in our civic crown has been snapped away, as we look on helplessly. I am very sad about this.