anheuserbusch: Anheuser-Busch InBev in St. Louis, MO
- 07/14/08 01:46 AM
Well, it's official. InBev bought Anheuser-Busch for 52 billion dollars. This is an increase from the earlier offer of 50 billion dollars and translates into $70 per share. The new name is "Anheuser-Busch InBev". Of course, St. Louisans are anxious to see how this will affect their jobs. InBev is known for drastically cutting costs... The long saga is finally over. The outcome is what most expected - It's all about the money...
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anheuserbusch: Anhueser-Busch in St. Louis and InBev making a deal?
- 07/11/08 06:55 AM
Well, it looks like InBev raised its offer by $5 a share to purchase Anheuser-Busch. That would make the offer $70 a share - or 50 billion dollars. Word has it that Anheuser-Busch will accept the deal sometime this weekend. This would be a "friendly" deal as opposed to the "hostile takeover" mentioned earlier in this saga. What about the new name for the company? It hasn't been decided yet... … (9 comments)
anheuserbusch: InBev takeover?
- 07/08/08 10:19 AM
I heard on the news that Anheuser-Busch is suing InBev for an illegal takeover bid. InBev was asking shareholders to vote on removing the Anheuser-Busch board of directors. Anheuser-Busch didn't like that idea, so they are suing. They are calling it an "illegal plan and scheme," which "through a course of deceptive conduct" seeks to acquire control of Anheuser-Busch at a "bargain price". I think InBev is finding this takeover to be a little harder than they thought... … (2 comments)
anheuserbusch: What's Happening with the Anheuser-Busch Buyout?
- 07/01/08 05:08 AM
InBev's CEO Carlos Brito asks shareholders to override the Anheuser-Busch board. He wants them to approve the buyout. He thinks that Anheuser-Busch's present plan is too risky. He asks shareholders to look at InBev's previous track record of international expansion and profitablilty even during bad economic times. I'm not sure if that's going to convince them, especially since it their track record usually involves cutting jobs.
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anheuserbusch: Will InBev "takeover" Anheuser-Busch?
- 06/27/08 02:26 AM
Well, it looks like Anheuser-Busch officially rejected InBev's offer of 46.3 billion dollars. This took place yesterday afternoon. AB said that the offer was financially inadequate. Will InBev take "no" for an answer? They say that this Belgian brewer is taking the first steps toward a hostile taeover. InBev filed a lawsuit seeking a judgment to confirm that AB shareholders can remove the company's board of directors without cause. The interesting saga continues... … (6 comments)
anheuserbusch: Lunch with Warren Buffett?
- 06/23/08 02:38 AM
I heard on the news this morning that Warren Buffett is auctioning off a luncheon date with him. People from St. Louis might want to take advantage of this to ask him about the InBev takeover of Anheuser-Busch. Bids are starting at $25,000. I believe you can invite 70 of your friends to go with you and have a nice meal with Warren Buffett at some restaurant in New York. You can ask him advice on investing and moneymaking. Last time Buffett did this, the highest bid was $650,100! I think his first words of advice would be to not spend … (8 comments)
anheuserbusch: Will InBev buyout Anheuser-Busch?
- 06/17/08 01:04 AM
St. Louisans have been waiting to hear from Warren Buffet about his opinion on the InBev buyout of Anheuser-Busch. Buffet is a billionaire and a major shareholder of A-B stock, so his opinion is important. He owns 5%, which is more than the Busch family owns. They own over 4%. Well, the wait is unofficially over. According to anonymous sources in the Belgian newspaper De Standaard, Buffet is in favor of the buyout. It seems that A-B may be looking into purchasing Grupo Modelo, a Mexican brewing firm. This move would make A-B too expensive for InBev to purchase. We'll see what … (6 comments)
anheuserbusch: Budweiser Buyout?
- 06/12/08 02:28 AM
The big news in the St. Louis, MO area is that Anheuser-Busch (the nation's biggest brewery and based in St. Louis) received a $46 bilion buyout offer from a Belgian brewer name InBev. InBev is known for it's aggressive cost-cutting, so the St. Louisans are not too excited about this. They are afraid that many people will lose their jobs. This is not a "for sure" thing, so we will just have to wait and see what happens... :) , e-PRO For the Service you Expect, From a Realtor you can Trust! www.SelectMyHome.net 314-640-7061 Prudential Alliance Realtors 636-887-3554 Debi.Ernst@PrudentialAlliance.com … (18 comments)
Well, it's official. InBev bought Anheuser-Busch for 52 billion dollars. This is an increase from the earlier offer of 50 billion dollars and translates into $70 per share. The new name is "Anheuser-Busch InBev".;)
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