Category Archives: hostile takeover

Anheuser-Busch Agrees to Be Sold for $52 Billion

The NY Times is reporting this morning that Anheuser-Busch has agreed to sell itself to the Belgian brewer InBev for about $52 billion, the two companies confirmed Monday in a joint release, putting control of the nation’s largest beer maker and a fixture of American culture into a European rival’s hands.

To me this is sad news, as I have mentioned before I a former employee of AB and feel that it is a same that an American icon such as Budweiser will no longer be an American company. We will have to wait and see if they will even be able to keep their name or just be absorbed into the InBev brand.

Click on the headline to read the story in the NY Times

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>Anheuser-Busch Agrees to Be Sold for $52 Billion

>The NY Times is reporting this morning that Anheuser-Busch has agreed to sell itself to the Belgian brewer InBev for about $52 billion, the two companies confirmed Monday in a joint release, putting control of the nation’s largest beer maker and a fixture of American culture into a European rival’s hands.

To me this is sad news, as I have mentioned before I a former employee of AB and feel that it is a same that an American icon such as Budweiser will no longer be an American company. We will have to wait and see if they will even be able to keep their name or just be absorbed into the InBev brand.

Click on the headline to read the story in the NY Times

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Filed under Anheuser-Busch, Beer, hostile takeover, InBev, NY Times

Anheuser-Busch to Vote on Takeover

The New York Times is reporting that The board of Anheuser-Busch is scheduled to vote on Sunday on a sale of the company to the Belgian brewer InBev for nearly $50 billion, people briefed on the matter said.

The sale would end more than 150 years of independence for the nation’s largest beer company and a fixture in American culture.

Click on the headline to read the story in the NY Times

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>Anheuser-Busch to Vote on Takeover

>The New York Times is reporting that The board of Anheuser-Busch is scheduled to vote on Sunday on a sale of the company to the Belgian brewer InBev for nearly $50 billion, people briefed on the matter said.

The sale would end more than 150 years of independence for the nation’s largest beer company and a fixture in American culture.

Click on the headline to read the story in the NY Times

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Filed under Anheuser-Busch, hostile takeover, InBev, NY Times

Anheuser-Busch Sues Belgian Suitor

NPR.org is reporting that Anheuser-Busch has sued InBev, calling the Belgian brewer’s plan to buy the iconic U.S. brewer “illegal.” Matt Sepic, of member station KWMU in St. Louis, says the suit seeks to bar InBev from soliciting support from Anheuser-Busch shareholders.

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>Anheuser-Busch Sues Belgian Suitor

>NPR.org is reporting that Anheuser-Busch has sued InBev, calling the Belgian brewer’s plan to buy the iconic U.S. brewer “illegal.” Matt Sepic, of member station KWMU in St. Louis, says the suit seeks to bar InBev from soliciting support from Anheuser-Busch shareholders.

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Filed under Anheuser-Busch, hostile takeover, InBev, NPR.ORG

>Anheuser-Busch Rejects InBEV Hostile Offer

>I recieved the following e-mail today from SaveAB.com:

Dear Friends of SaveAB.com,

NO SALE, BELGIAN BEER DUDE!

That’s right – we have done it. Because all of our voices have been heard, AB has told InBev “thanks but no thanks!”

SaveAB.com and the tens of thousands of you who signed the on-line petition have raised our voices to stop the sale. AB’s Board of Directors is rejecting the InBev offer!!

But our fight is far from over. You can bet that InBev will be back with more Euros to try to take our American company.

It is time to re-double our efforts. So, what can you do?

Our goal over the next 3 days is to get 25,000 new people to sign the SaveAB.com petition . We will be delivering the petitions to AB and others during the week of July 4th.

But we need your to help reach this goal. Please forward this email to a freind or family member and ask them to sign SaveAB.com petition.

Also, please mark your calendar for the July 5th SaveAB.com Freedom Fest – at 1 pm in the shadow of Busch Stadium at Al Hrabosky’s Ballpark Saloon.

Also, please sign up to be a volunteer at SaveAB.com.

Most of all, keep on talking up that America is not for sale and AB is not going Belgian.

Yours in arms,

The men and women of SaveAB.com

This is turning out to be an uphill fight for Anhueser-Busch, a fight that they may not be able to win.

Anheuser-Busch is expected to announce an extensive reorganization aimed at building profits that will include cutting more than $500 million in costs.
The savings will come from reducing marketing expenses and possibly shedding assets like its Busch Gardens theme park business and its packaging unit.

Sign the petition at Saveab.com and lend your support

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Filed under Anheuser-Busch, Budwieser, hostile takeover, InBev, saveab.com