InBev, A-B rumors run hot
May 24th, 2008 | Posted by Stan Hieronymus“Brew Blog” summarizes the skinny from the Financial Times that it looks InBev had plans for an outright takeover of Anheuser-Busch.
And the big question if InBev pulls the trigger on its bid is whether it will go hostile — and whether fifth-generation brewer August Busch IV will be willing to sell the company that bears the family name.
A highly detailed report in the Financial Times — which laid out the terms of the putative offer ($65 per share) as well as names of banks and advisers involved — notes that InBev approached August Busch IV in October about a deal.
An offer of $65 a share for A-B is a nearly 24% premium over Thursday’s closing price of $52.58.
InBev is looking pretty serious about this.
May 25th, 2008 at 12:00 am
Nope. Won’t happen. Augie’s in it for the family.
May 25th, 2008 at 10:25 am
I agree. He loves the fact that it’s a family tradition.
May 27th, 2008 at 1:03 pm
If they were for tradition over profit they wouldn’t brew such p1$$water now would they?
May 28th, 2008 at 8:43 am
Hey maybe if we let A-B and Imbev know that we are in favor of an American owned and operated company, the deal might not go through. I for one buy their products for that reason. Check out http://www.savebudweiser.com and sign the online petition!