Monday, July 14, 2008
Anheuser-Bush agrees to sell to InBev.
On Sunday night and for more than $52 billion , the maker of the King of Beers , agreed to sell itself to InBev , the Belgian beer maker.
At the end of the day , the King of Beers is in the hands of the Belg King , how fittingly.
At the end of the day , the King of Beers is in the hands of the Belg King , how fittingly.
Labels: Anheuser-Bush, InBev
Saturday, July 12, 2008
InBev on track to take over Anheuser-Bush.
Last night, after weeks of drama and masochism , Anheuser-Bush finally dropped its arms and agreed to be acquired by Belgian beer maker InBeb . They apparently succumbed to the last minute effort by InBev to raise its offer from $65 to $70 a share and the promise to give the Saint-Louis based beer maker, an equity value of $50 billion .
So after all, this bud may be for them.
So after all, this bud may be for them.
Labels: Anheuser-Bush, InBev
Tuesday, July 8, 2008
InBev names Anheuser replacement Board.
Belgian beer maker InBev is increasing the heat on Anheuser-Bush to accept its unsolicited bid to buy the American icon. After different strategies failed to produce the desired result, now InBev is trying a radical approach : name its own board of directors to replace the actual Anheuser board. And curiously , the proposed new board include a member of the Bush family : an uncle of the seating CEO, August Bush IV, to be precise.
You thought your last family reunion was full of dramas , think again . What if the feud revolved around who will control the beer ?
You thought your last family reunion was full of dramas , think again . What if the feud revolved around who will control the beer ?
Labels: Anheuser-Bush, Budweiser, InBev
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