oh, fuck this shit (inbev/busch)

[BustedS13]

http://dealbook.blogs.nytimes.com/2008/07/13/anheuser-board-set-to-vote-on-inbev-offer/

well, it happened. AB agreed to it, they'll be purchased by inBev for just about 50 billion. i live in St. Louis, and i'm disgusted.

this isn't a thread about how you don't like budweiser, this is a thread about how fucking krauts just took over my home town's beer company.

at least they haven't hijacked Schlafly yet. :(

[svensko]

Maybe now it'll suck less? :goyou:

[Agamemnon]

Maybe now it'll suck less? :goyou:
Agreed. But they're still the best of the big three.

There will be some pretty big change-ups in the next 2 years or so with the major brewers. No one knows exactly what is going to happen just yet. Miller and Coors are merging to form MillerCoors(original huh). I am a sales person for a distributor that sells Coors here in Seattle and I have no idea how they are going to pull that one off. The distributor for Miller in Seattle is a competing company. It'll be interesting to say the least.

[svensko]

Agreed. But they're still the best of the big three.

There will be some pretty big change-ups in the next 2 years or so with the major brewers. No one knows exactly what is going to happen just yet. Miller and Coors are merging to form MillerCoors(original huh). I am a sales person for a distributor that sells Coors here in Seattle and I have no idea how they are going to pull that one off. The distributor for Miller in Seattle is a competing company. It'll be interesting to say the least.

Yeah and GM is the best of the Big 3 but I still wouldn't buy one (save for the Corvette).

[allntrlundrgrnd]

so lame.


gigity

[Gnnr]

Moreover, several of Anheuser’s large shareholders, including the billionaire investor Warren E. Buffett, had indicated that they were leaning toward supporting InBev, people briefed on the matter said.

When the richest man on earth speaks, people listen. Looks like Modelo (Corona) gets to opt-out of this deal though. I kind of saw it coming when I read about it in this article (http://news.yahoo.com/s/ap/20080706/ap_on_bi_ge/dollar_doldrums;_ylt=AqSqSDsFTyecdNHhjf7zujms0NUE) about the the weak dollar and US economy. The used this buyout as an example. Because of the weak dollar the company could easily pay a premium. They overpayed well over 30% of what the company was actually worth to force a buyout. Plus, they where threatening to go directly to the stockholders and bypass the board if they didn't accept.