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InBev to Buy Budweiser for $52B

Posted By: NightCrawler

InBev to Buy Budweiser for $52B - 07/14/08 04:57 PM

Another American Icon Goes Bye-Bye ...

http://www.cnn.com/2008/US/07/14/anheuser.inbev.ap/index.html
Posted By: PFunk

Re: InBev to Buy Budweiser for $52B - 07/14/08 05:13 PM

Wow.

pfunk
Posted By: VF9_Longbow

Re: InBev to Buy Budweiser for $52B - 07/14/08 06:02 PM

beer drinkers who hate crap beer rejoice everywhere; product upgrades must be in the future. wouldn't take much in the case of budweiser, simply turn off the spout labeled "crap juice" at the breweries and the product will be better already!
Posted By: letterboy1

Re: InBev to Buy Budweiser for $52B - 07/14/08 06:06 PM

It would be awesome if Bud started tasting more like Stella Artois or Becks.
Posted By: PanzerMeyer

Re: InBev to Buy Budweiser for $52B - 07/14/08 06:07 PM

 Originally Posted By: VF9_Longbow
beer drinkers who hate crap beer rejoice everywhere; product upgrades must be in the future. wouldn't take much in the case of budweiser, simply turn off the spout labeled "crap juice" at the breweries and the product will be better already!


Yeah, Bud is pretty much the American equivalent to your Molson. \:D
Posted By: Freycinet

Re: InBev to Buy Budweiser for $52B - 07/14/08 06:31 PM

it's called capitalism, if the owner family wuold have wanted to keep control, they should have kept a stock majority. I guess they didn't...
Posted By: NightCrawler

Re: InBev to Buy Budweiser for $52B - 07/14/08 09:27 PM

I do not drink Bud, so I personally could care less about this, but as already stated, the Busch family must be ready to let it go because if not they would keep 51%. I guess the nation's economy is now affecting our beer drinkers! \:\)
Posted By: Airdrop01

Re: InBev to Buy Budweiser for $52B - 07/14/08 09:44 PM

How do you get to the conclusion that this has anything to do with 'the nation's economy?'

The per share price is, if anything, too high. However, the point is that the market sets the price so it can't really be 'too high' and the fact that a company is buying another healthy company is not any indication of a poor economy. This is not like Trump buying the Eastern Shuttle from a struggling company at a bargain.

I don't have a problem with the sale. It is capitalism. It is NOT by any stretch though a sign of a struggling econonomy or for that matter company (actually the price is quite high). It is utterly unrelated to 'the nation's economy' if by that you are implying the sale is because of general economic weaness....
Posted By: PanzerMeyer

Re: InBev to Buy Budweiser for $52B - 07/14/08 09:56 PM

 Originally Posted By: NightCrawler
I guess the nation's economy is now affecting our beer drinkers! \:\)


You can always get a six pack of "Old Milwaukee" for like 4 bucks.
Posted By: Bert67

Re: InBev to Buy Budweiser for $52B - 07/14/08 10:23 PM

Yes on the Old Milwaukee as Bud is the crapiest beer I have ever drank, headache city with that stuff. Maybe the new guys will do something with it and make it drinkable.
Bert
Posted By: Patrocles

Re: InBev to Buy Budweiser for $52B - 07/14/08 10:24 PM

$52 Billion! omg

I will paraphrase the stickers I've seen saying sumfink like, "life is too short to drink cheap beer!"
\:\)
Posted By: JoeyJoJo

Re: InBev to Buy Budweiser for $52B - 07/14/08 11:15 PM

i just saw a commercial a few days back about how they are so proud to be American and will always be; and their sloagan is now "The great American lager".

guess want money rather than pride lol

doesnt really bother me tho cause im more about the micro-brews; but Bud is nice when you're on a budget and the store is out of PBR
Posted By: Airdrop01

Re: InBev to Buy Budweiser for $52B - 07/14/08 11:37 PM

Anyone remember Falstaff??
Posted By: Anonymous

Re: InBev to Buy Budweiser for $52B - 07/15/08 12:16 AM

 Originally Posted By: Airdrop01
Anyone remember Falstaff??


OMG....I just got a headache thinking about that....

How about Keystone Light! Beer for broke Airmen.....
Posted By: Weasel_Keeper

Re: InBev to Buy Budweiser for $52B - 07/15/08 01:13 AM

When I was a broke Airman I bought Bud when it was still about $6.00 a case on sale (20 years ago). Rolling Rock was our second choice because it was also cheap back then or a case of Little Kings.
Posted By: PFunk

Re: InBev to Buy Budweiser for $52B - 07/15/08 03:44 AM

For us, it was Keystone Light.

If we were payday rich, it was Shiner Bock.

pfunk
Posted By: Hentzau

Re: InBev to Buy Budweiser for $52B - 07/15/08 04:53 AM

Guess this tightwad just switched to Miller. ;\)
Posted By: ForSquirrels

Re: InBev to Buy Budweiser for $52B - 07/15/08 05:47 AM

 Originally Posted By: Hentzau
Guess this tightwad just switched to Miller. ;\)


You know they merged with an African company right? I assume that was the American company thing coming out. I think Coors is still family owned but I could be wrong.
Posted By: Freycinet

Re: InBev to Buy Budweiser for $52B - 07/15/08 10:08 PM

The founder of Danish brewing company Carlsberg donated the whole company to a beneficial foundation, which basically now-a-days pays for a whole big chunk of Danish culture and science. So everytime we drink a beer in Denmark we support arts, letters and science: cheers!

The present-day directors of the company try to wiggle themselves out of the structure, because, as they say "it will be good for the competitive edge of the company" to become part of an even bigger international conglomerate. Yes, good for them and their personal purchasing power, but not good for Denmark. Probably not good for the company either. Anyway, they haven't yet managed to change things, which I think is just great.
Posted By: Hentzau

Re: InBev to Buy Budweiser for $52B - 07/16/08 06:08 AM

 Originally Posted By: ForSquirrels
 Originally Posted By: Hentzau
Guess this tightwad just switched to Miller. ;\)


You know they merged with an African company right?


Darn, must have been further down in the wiki. Guess I could learn to like Coors. lol Edit: looks like Coors is in bed with SABMiller in MillerCoors

Nice that Budweiser made their purchase by InBev more appealing by laying out a perfect plan for getting rid of 1000 US employees.
Posted By: VF9_Longbow

Re: InBev to Buy Budweiser for $52B - 07/16/08 06:35 AM

why not brew your own. it's very easy and tastes better than all the crap american brewers put out.
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