There's nothing as American as Budweiser. We know from the commercials that it's made in "St. Louis, Missouri;" the red, white and blue labeled brew is the most popular beer in the nation.
Our extremely patriotic President, however, has let our economy tank so badly that the Euro is kicking the dollar's ass. And now a European company has started a hostile takeover of Anheuser-Busch.
Brewer InBev SA on Wednesday pressed Anheuser-Busch for an answer on its $46 billion takeover offer, saying it had already secured financing for the deal.
The Belgium-based maker of Stella Artois said it wrote to Anheuser again on Wednesday to assure the company's board that it has struck deals with a group of banks and has already paid commitment fees to finance the takeover over.
Anheuser has not formally responded to InBev since it first made an offer for $65 per share on June 11.
While BushCo will always be known for their hostile takeover of Iraq, if the Clydesdales get retired to Belgium, I'm certain more Republican-leaning voters will take it out on the Party. Missouri will definitely go blue. "Remember the Alamo Michelob!"
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4 Comments
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Bud was the most popular beer among young folks in Dublin even though you'd pay a whopping 10 Euros for a six-pack! That's $15.60!
No wonder Brewer InBev SA wants to buy the company.
Brynn Craffey | June 26, 2008 11:11 AM
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I don't know, I own some BUD stock. August Busch and his family still own a lot of the stock. I hope they sell because the offer is well over where the stock has traded and they will still BREW here, but hopefully not finance politicians here.
Robert Ganshorn | June 26, 2008 11:23 AM
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So, I guess Samuel Adams will be the only American beer left?
Polar | June 26, 2008 2:57 PM
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Samual Adams is the only good beer sold in America.
I like it as much as I like him for saying: "If ye love wealth greater than liberty, the tranquility of servitude greater than the animating contest for freedom, go home from us in peace. We seek not your counsel, nor your arms. Crouch down and lick the hand that feeds you; May your chains set lightly upon you, and may posterity forget that ye were our countrymen."
Bill Perdue | June 26, 2008 3:46 PM
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