InBev Raises Anheuser-Busch Bid: WSJ - Mergers and Aquisitions * US * News * Story - MSNBC.com
Looks like its going to happen this weekend. Here we go.......
Looks like its going to happen this weekend. Here we go.......
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Goodbye Bud... Hello InBev
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Nick
Nitro Member
I'd bet dollars to donuts that they keep the Anheuser Busch and Budweiser names.
As far as my opinion towards the merger/buyout or whatever you call it, it could only mean good things for the Bud company....once peoples feelings are healed.
Remember it's not personal, it's business.
As far as my opinion towards the merger/buyout or whatever you call it, it could only mean good things for the Bud company....once peoples feelings are healed.
Remember it's not personal, it's business.
Jim
Nitro Member
It would be financial suicide if they got rid of the Bud name.
Based on their non visable involvement in Euro racing and their reputation for cost cutting I wouldn't bet the Bud sponsorship will stay.
I believe there has also been some rumblings about Bud NASCAR sponsorship involvement. If they cut back in NASCAR it's almost for certain good bye NHRA.
They will probably follow the path that Miller took after a few corporate shuffles and buyouts.
Anheuser-Busch Sold out $52 Billion
ST. LOUIS-Anheuser-Busch reportedly has agreed to be acquired by Belgian brewer InBev for about $52 billion.
The deal being reported by The Wall Street Journal would create the world's largest brewer and put the iconic American beer maker in the hands of the Belgian-based company behind Stella Artois and Beck's beers.
The newspaper cited anonymous sources who said Anheuser-Busch-InBev would be the new company's name and Anheuser would have two seats on the company board.
Anheuser-Busch Cos. Inc. did not return messages seeking comment Sunday evening.
The newspaper said the deal was for $70 a share. That's a $5 increase over the offer Anheuser-Busch rejected in June.
ST. LOUIS-Anheuser-Busch reportedly has agreed to be acquired by Belgian brewer InBev for about $52 billion.
The deal being reported by The Wall Street Journal would create the world's largest brewer and put the iconic American beer maker in the hands of the Belgian-based company behind Stella Artois and Beck's beers.
The newspaper cited anonymous sources who said Anheuser-Busch-InBev would be the new company's name and Anheuser would have two seats on the company board.
Anheuser-Busch Cos. Inc. did not return messages seeking comment Sunday evening.
The newspaper said the deal was for $70 a share. That's a $5 increase over the offer Anheuser-Busch rejected in June.
kd
Nitro Member
Anheuser-Busch Sale - BAD for RACING !!!
Heard today deal is going thru for $70 a share ($5 more than turned down first time,and 2 A-Bs on the board)
THESE deals are never good for racing...DRAG racing in particular.
I hope Kenny ( and Tom and Graham for that matter!) is brushing up on his German. Im not kidding!
Heard today deal is going thru for $70 a share ($5 more than turned down first time,and 2 A-Bs on the board)
THESE deals are never good for racing...DRAG racing in particular.
I hope Kenny ( and Tom and Graham for that matter!) is brushing up on his German. Im not kidding!
Nemo
Nitro Member
Re: Anheuser-Busch Sale - BAD for RACING !!!
Anytime American companies sell to companies outside of the US it's not a good thing for anybody (at least in this country). I'm sure when Mr. Busch built this company he was not thinking about it getting sold outside his family. Too bad, got to love greedy kids that sell out there legacy to become even more rich then they already were.
Anytime American companies sell to companies outside of the US it's not a good thing for anybody (at least in this country). I'm sure when Mr. Busch built this company he was not thinking about it getting sold outside his family. Too bad, got to love greedy kids that sell out there legacy to become even more rich then they already were.
Snake33
Nitro Member
Re: Anheuser-Busch Sale - BAD for RACING !!!
Check this out:
Quick Vote
Would you stop drinking Budweiser if a Belgian company owned it?
Yes 20% 24250
No 25% 30487
I don't drink Budweiser 55% 66309
Total Votes: 121046
Maybe the loss of market share is why they are getting out now(?)
The 55% is saying something.
Check this out:
Quick Vote
Would you stop drinking Budweiser if a Belgian company owned it?
Yes 20% 24250
No 25% 30487
I don't drink Budweiser 55% 66309
Total Votes: 121046
Maybe the loss of market share is why they are getting out now(?)
The 55% is saying something.
Re: Anheuser-Busch Sale - BAD for RACING !!!
Not saying I support the sale, but the family had little control over the actual deal as they owned little in terms of the company. INBEV was going to seek to replace the board if the final offer was not approved. Look at what Icann (spelling) is trying to do to Yahoo's board and CEO. He only owns 5% of Yahoo, and is going to try to get the board tossed out and replaced. He is working with Microsoft to do this.
On publicly traded companies, you can ask that the board and CEO be replaced by a vote. The AB family was trying to do what it could to get a fair price and to preserve some management in the deal.
As for the racing part, I am sure KB has a contract that will remain for now. Who knows....
Not saying I support the sale, but the family had little control over the actual deal as they owned little in terms of the company. INBEV was going to seek to replace the board if the final offer was not approved. Look at what Icann (spelling) is trying to do to Yahoo's board and CEO. He only owns 5% of Yahoo, and is going to try to get the board tossed out and replaced. He is working with Microsoft to do this.
On publicly traded companies, you can ask that the board and CEO be replaced by a vote. The AB family was trying to do what it could to get a fair price and to preserve some management in the deal.
As for the racing part, I am sure KB has a contract that will remain for now. Who knows....
Joker
Nitro Member
Re: Anheuser-Busch Sale - BAD for RACING !!!
Judge, I do declare an "UNDERSTATEMENT!" Ha ha, you know I love ya KH!
Judge, I do declare an "UNDERSTATEMENT!" Ha ha, you know I love ya KH!
paoldtimer
Nitro Member
Re: Anheuser-Busch Sale - BAD for RACING !!!
Is that AFTER Junior left Budweiser and when Kasey Kahne started driving under the Bud colors??
Is that AFTER Junior left Budweiser and when Kasey Kahne started driving under the Bud colors??
Snake33
Nitro Member
Re: Anheuser-Busch Sale - BAD for RACING !!!
Cheryl,
The poll was taken today. As far as the Junior situation... I'm not a Nascar fan, but I would take his side over the step mom's based on the way things went down.
Is that AFTER Junior left Budweiser and when Kasey Kahne started driving under the Bud colors??
Cheryl,
The poll was taken today. As far as the Junior situation... I'm not a Nascar fan, but I would take his side over the step mom's based on the way things went down.
Bullard Anderson
Nitro Member
The smart move would be exit NASCAR and go KB Top Fuelers with Bud and Bud Light sponsorship.
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