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06.16.2008 9:05 pm

InBev’s Brito explains move on Anheuser-Busch; no way is this “friendly,” says analyst

ST. LOUIS POST-DISPATCH
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On Tuesday’s Post-Dispatch commentary page — read it here — InBev Chief Executive Carlos Brito lays out his Belgian company’s reasons for wanting to buy Anheuser-Busch. He assures St. Louisans that the flagship A-B brewery would stay open, that InBev would maintain Grant’s Farm as a major local tourist attraction, that the Clydesdales would remain a key element of the identity of the Budweiser brand and that the company would continue to be civicly engaged.

On the same page, Milwakuee-based investment analyst William W. McGinnis notes what another great American beer city has experienced as a result of the sale and resale and resale of Miller Brewing. Whatever else InBev is doing, McGinnis explains in detail, its attempt to buy A-B here is anything but friendly. And the A-B board has its work cut out for it.

4 comments

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How is Shotz Brewing doing in Milwaukee? Could they be a target for AB? Eric, didn’t you used to cover that beat?

— flyover
9:25 pm June 16th, 2008

Schlamiel, schlamazel, hassenpfeffer incorporated!!

— PurpleDude
1:49 pm June 17th, 2008

Seriously, though, I woudn’t believe anything that this guy says. My gut tells me that they won’t have much interest in anything not beer related, and that the entertainment wing of AB would be spun off.

— PurpleDude
1:52 pm June 17th, 2008

This brings to mind the brewery workers who are driving foreign cars and laughing when the Germans bought Chrysler. I had one keep telling me how the Germans were going to @#$%#@$ me. Maybe they can go to work for Daimler when they get laid off.

— big John
4:10 pm June 17th, 2008