View Full Version : Anheuser-Busch Agrees to InBev Sale
TDmvp
07-14-2008, 01:10 AM
:spit: :gripe:
http://www.foxnews.com/story/0,2933,381523,00.html
Jetmeck
07-14-2008, 01:21 AM
I fear for the employees. St. Louis employment was already hard hit by the TWA buyout by American Airlines a few years ago. The smaller company's employees of a merger always suffer. The board members/CEO or COO always make out with large amount of shares/buyouts or the like and the little guys pay for it.
Good luck to all Anheiser Busch employees if this happens.
tsiguy96
07-14-2008, 01:25 AM
yet another company leaves america...and a few people are going to get very rich for it...
watermock
07-14-2008, 01:38 AM
weak dollar because of the credicrunch(low fed rate weakens dollar) make this country a fire sale.
Dark days are ahead.
Hopefully Freddie Mac and Fannie Mae will hold up tomorrow.
broncocalijohn
07-14-2008, 01:47 AM
yet another company leaves america...and a few people are going to get very rich for it...
The beer isnt going anywhere. It will still be brewed in the same location(s). I heard they are keeping the same recipe for the brewing process which sucks because I thought the beer would taste better. I guess it will still suck.
watermock
07-14-2008, 02:32 AM
I like Becks. they will probably make something similiar in addition to michelob.
TDmvp
07-14-2008, 03:24 AM
http://imagecache2.allposters.com/images/pic/DES/D1310%7ECoors-Light-Frosted-Posters.jpg
TDmvp
07-14-2008, 03:25 AM
http://www.foxnews.com/images/root_images/071408_budweiser7TXT.jpg
sigh
Atwater His Ass
07-14-2008, 03:29 AM
This only sucks in the regards that Budweiser was an American icon. Their product left/leaves a lot to be desired. Too many beers to list that are so much better.
Hopefully the new owners will stay true to their word and keep the production as is and people can keep their jobs. However, I don't think it would surprise anyone if this turns out not to be the case in a couple years.
ol number 7
07-14-2008, 04:03 AM
I fear for the employees. St. Louis employment was already hard hit by the TWA buyout by American Airlines a few years ago. The smaller company's employees of a merger always suffer. The board members/CEO or COO always make out with large amount of shares/buyouts or the like and the little guys pay for it.
Good luck to all Anheiser Busch employees if this happens.
Like Al Davis 's uncle buying out Bowlen WTF
uk bronco
07-14-2008, 05:04 AM
whats the difference between american beer and a canoe.
nothing they're both damn close to water
Beantown Bronco
07-14-2008, 07:48 AM
Damn......barely outbid again.
Man-Goblin
07-14-2008, 08:11 AM
Remember when all those Europeans were pissed when an American bought Manchester United?
Well, it's about to happen here, and probably several times over. With the dollar being so low you're going to see a lot of foreign money scooping up American pro teams at .60 on the dollar to them.
Hogan11
07-14-2008, 08:32 AM
The beer isnt going anywhere. It will still be brewed in the same location(s). I heard they are keeping the same recipe for the brewing process which sucks because I thought the beer would taste better. I guess it will still suck.
We'll see about that...you may be buying us some extra Miller Lite if they mess with that formula any
DenverBrit
07-14-2008, 09:59 AM
It could improve the tasteless Bud, but chances are, they won't change a thing.
They'll just tap into the distribution for their other beers.
Watch for the theme parks to get sold off though.
DenverBrit
07-14-2008, 10:01 AM
Like Al Davis 's uncle buying out Bowlen WTF
More like the other way around. ;)
Beantown Bronco
07-14-2008, 10:03 AM
you may be buying us some extra Miller Lite if they mess with that formula any
Like they had a patent on H20.
Jens1893
07-14-2008, 10:14 AM
Remember when all those Europeans were pissed when an American bought Manchester United?
I do not think this can be compared.
Tombstone RJ
07-14-2008, 10:53 AM
When Chrysler was bought by Daimler to create the largest vehicle comglomerate in the world, people were freaking out, saying jobs will be lost, etc.
The benefits of the merger are akin to what is happening with AB, in that, Chrysler was supposed to benefit from Daimler's technology and Daimler would get a larger market. Neither happened. In the end, the split.
I suppose AB and InBev could split if the merger doesn't work out. However, I think what will happen is that low end beers like Bud will keep selling well by keeping costs down, while the high end beer will be coming from Europe. Instead of a big AB plant brewing Busch, Bud, Bud light, Michalobe, Michalobe lite, etc., the big AB plants will focus on Busch and Bud, increasing productivity while decreasing cost for those brands.
Rock Chalk
07-14-2008, 11:58 AM
http://imagecache2.allposters.com/images/pic/DES/D1310%7ECoors-Light-Frosted-Posters.jpg
Canadian owned :(
PLOWHORSE
07-14-2008, 12:00 PM
When Chrysler was bought by Daimler to create the largest vehicle comglomerate in the world, people were freaking out, saying jobs will be lost, etc.
The benefits of the merger are akin to what is happening with AB, in that, Chrysler was supposed to benefit from Daimler's technology and Daimler would get a larger market. Neither happened. In the end, the split.
I suppose AB and InBev could split if the merger doesn't work out. However, I think what will happen is that low end beers like Bud will keep selling well by keeping costs down, while the high end beer will be coming from Europe. Instead of a big AB plant brewing Busch, Bud, Bud light, Michalobe, Michalobe lite, etc., the big AB plants will focus on Busch and Bud, increasing productivity while decreasing cost for those brands.
Not a big Michelob fan eh Tombstone??
Hogan11
07-14-2008, 12:13 PM
Like they had a patent on H20.
I like my H2O....keeps me going for hours without slowing me down :yayaya:
Kaylore
07-14-2008, 12:15 PM
Welcome to the 21st century, people. This is how business is done. Get over it. In the 1700's it was a big deal if a family shop was bought by someone in town. years later people raised a stink when companies were bought out of state. Life goes on and the beer will taste the same.
Beantown Bronco
07-14-2008, 12:22 PM
Life goes on and the beer will taste the same.
That's too bad....
Bronco Jamus
07-14-2008, 12:22 PM
Like everything else, this is all Busch's fault
Rohirrim
07-14-2008, 12:39 PM
Japanese conglomerates own the Rockefeller Center in NY and Pebble Beach Golf Course. I wonder if we could talk the Chinese into buying Yosemite. Or how about Mt. Rushmore? That would be cool. Then they could add Mao next to Teddy Roosevelt. ;D
montrose
07-14-2008, 12:42 PM
For the beer drinkers of the forum (my girlfriend and I don't drink alcohol), do you honestly see this effecting your purchasing of Anheuser-Busch products? If so, how? For example, will you now switch to purchasing a different beer? Or, if you're somewhere that sells exclusively Anheuser-Busch products - like Invesco Field @ Mile High - will you not drink? Just curious...
cutthemdown
07-14-2008, 01:15 PM
yet another company leaves america...and a few people are going to get very rich for it...
I don't think they are closing the American plants are they? In that case it's no jobs leaving America.
It's just like when the Japanese bought up all the real estate in the 80's. It's a good thing we need foreign money right now and if they are willing to pay it makes since to sell off to them.
As someone who is very nationalistic I also get a little worried when I see companies from overseas buy our icons but as a businessman I realize it's just capitalism working.
cutthemdown
07-14-2008, 01:18 PM
For the beer drinkers of the forum (my girlfriend and I don't drink alcohol), do you honestly see this effecting your purchasing of Anheuser-Busch products? If so, how? For example, will you now switch to purchasing a different beer? Or, if you're somewhere that sells exclusively Anheuser-Busch products - like Invesco Field @ Mile High - will you not drink? Just curious...
I don't see why they would. Why would anyone have anything against Belgium? It's not like they are out to ruin Budweiser they just want to make money same as original owners.
Plus unless they close American breweries it doesn't hurt our economy. Money coming into our economy in the form of foreign investment is a good thing.
cutthemdown
07-14-2008, 01:21 PM
Japanese conglomerates own the Rockefeller Center in NY and Pebble Beach Golf Course. I wonder if we could talk the Chinese into buying Yosemite. Or how about Mt. Rushmore? That would be cool. Then they could add Mao next to Teddy Roosevelt. ;D
actually the Japanese bought tons of our land in the 80's at a very inflated price. Turns out they lost money on most of those deals and it was a boom for American real estate at the time.
Foreign money is a good thing people and will help us in the long run.
Who cares who owns Rockefeller center they can't take it home. The reason foreign countries like putting money in the USA is they know we will be here for a long long time.
cutthemdown
07-14-2008, 02:17 PM
From all things I'm hearing this is a great deal for Anheiser Busch. They played it perfect and got an extra 5 dollars a share.
elsid13
07-14-2008, 03:47 PM
For the beer drinkers of the forum (my girlfriend and I don't drink alcohol), do you honestly see this effecting your purchasing of Anheuser-Busch products? If so, how? For example, will you now switch to purchasing a different beer? Or, if you're somewhere that sells exclusively Anheuser-Busch products - like Invesco Field @ Mile High - will you not drink? Just curious...
Horse piss is horse piss no mater if the owner lives in St. Louis or Brussels. This isn't going to change much, since the big 4 world breweries own 80% of the world beer market.
Atwater His Ass
07-14-2008, 03:54 PM
Japanese conglomerates own the Rockefeller Center in NY and Pebble Beach Golf Course. I wonder if we could talk the Chinese into buying Yosemite. Or how about Mt. Rushmore? That would be cool. Then they could add Mao next to Teddy Roosevelt. ;D
Look up how much in US bonds China owns. And then contemplate what would happen if they cashed all of them in. It's a very scary thought.
elsid13
07-14-2008, 04:21 PM
Look up how much in US bonds China owns. And then contemplate what would happen if they cashed all of them in. It's a very scary thought.
there is maturity factor built into bonds, you can not redeem at any times.
http://www.treasurydirect.gov/instit/marketables/tnotes/tnotes.htm
Treasury notes are interest-bearing securities that have a fixed maturity of not less than 1 year and not more than 10 years from date of issue.
Treasury currently issues notes in 2, 5, and 10-year maturities.
Treasury notes pay interest on a semi-annual basis.
When a note matures, the investor receives the face value.
Atwater His Ass
07-14-2008, 04:33 PM
China owns about $900billion in treasuries and agency bonds. They have to ability to crash the dollar if they so choose.
broncocalijohn
07-14-2008, 10:01 PM
China owns about $900billion in treasuries and agency bonds. They have to ability to crash the dollar if they so choose.
and then their market would crash as we wouldnt buy their important lead crap. For AB, Belgium beer is one of the best so this can help actually have a tasty product. Michelob is one of the few that I would drink from AB. Give me Belgium white beer anyday. I will settle for some good tasting Blue Moon if you dont have Hoogarden. Someone dig up the beer thread. I am thirsty.
Popps
07-14-2008, 10:22 PM
I fear for the employees. St. Louis employment was already hard hit by the TWA buyout by American Airlines a few years ago. The smaller company's employees of a merger always suffer. The board members/CEO or COO always make out with large amount of shares/buyouts or the like and the little guys pay for it.
Good luck to all Anheiser Busch employees if this happens.
Yep. Rough news if you grew up in STL, like I did. That's a St. Louis institution. I've heard Inbev did a real hatchet-job the last time they did a major buyout. Let's hope not again.
ZachKC
07-14-2008, 10:25 PM
http://www.kc-news.com/boulevard-brewing.gif
Boulevard Brewing Company is now the largest American-owned and operated brewery in the state of Missouri. The craft beer industry as a whole continues to demonstrate strong growth while the rest of the industry remains relatively flat. We will continue to focus on what has made us successful over the years-making great beer and delivering it to thirsty Midwesterners. Our beers are generally more flavorful than the light lager styles our friends at A-B have popularized, but if several new consumers decide to pick up and enjoy an Unfiltered Wheat Beer because of the sale it will definitely have a positive impact on our business.
Cheers!
A.K.
Boulevard Brewing Company
ZachKC
07-14-2008, 10:26 PM
Life goes on and the beer will taste the same.
Yea, that is the ****ty part.
Jetmeck
07-15-2008, 01:27 AM
Welcome to the 21st century, people. This is how business is done. Get over it. In the 1700's it was a big deal if a family shop was bought by someone in town. years later people raised a stink when companies were bought out of state. Life goes on and the beer will taste the same.
Maybe you'll be a bit more upset if you or yours are involved in one of these. It is not good for America or the employees of the bought out company.
Jetmeck
07-15-2008, 01:29 AM
http://www.kc-news.com/boulevard-brewing.gif
Boulevard Brewing Company is now the largest American-owned and operated brewery in the state of Missouri. The craft beer industry as a whole continues to demonstrate strong growth while the rest of the industry remains relatively flat. We will continue to focus on what has made us successful over the years-making great beer and delivering it to thirsty Midwesterners. Our beers are generally more flavorful than the light lager styles our friends at A-B have popularized, but if several new consumers decide to pick up and enjoy an Unfiltered Wheat Beer because of the sale it will definitely have a positive impact on our business.
Cheers!
A.K.
Boulevard Brewing Company
It's a first but I agree with this dipstick. Try a Boulevard if you can. They are great.
ZachKC
07-15-2008, 02:13 AM
http://www.blvdbeer.com/images/brands_paleale_main2.jpg
ZachKC
07-15-2008, 02:14 AM
http://www.blvdbeer.com/images/brands_lunar_main2.jpg
ZachKC
07-15-2008, 02:14 AM
http://www.blvdbeer.com/images/brands_bullyporter_main2.jpg
ZachKC
07-15-2008, 02:15 AM
http://www.blvdbeer.com/images/brands_wheat_main2.jpg
Atwater His Ass
07-15-2008, 03:02 AM
IMO, Bolevard wheat is a horrible wheat beer. In fact, it's the worst wheat beer I've had. Widmeir Brothers or even Pryamid is much better.
I haven't tried any of their other products however; hopefully they can manage better than their wheat.
ZachKC
07-15-2008, 04:44 AM
IMO, Bolevard wheat is a horrible wheat beer. In fact, it's the worst wheat beer I've had. Widmeir Brothers or even Pryamid is much better.
I haven't tried any of their other products however; hopefully they can manage better than their wheat.
Oh well, the rest of the beer drinking midwest disagrees with you. Tops among craft beers.
I prefer Pale Ale and Lunar myself. If I want something that is similar to Wheat I enjoy a Blue Moon.
Jens1893
07-15-2008, 05:10 AM
http://www.blvdbeer.com/images/brands_wheat_main2.jpg
What ****ing kind of glass is this?
ZachKC
07-15-2008, 05:46 AM
What ****ing kind of glass is this?
A pint glass?
maher_tyler
07-15-2008, 06:37 AM
Wow!!!
maher_tyler
07-15-2008, 06:39 AM
IMO, Bolevard wheat is a horrible wheat beer. In fact, it's the worst wheat beer I've had. Widmeir Brothers or even Pryamid is much better.
I haven't tried any of their other products however; hopefully they can manage better than their wheat.
I think its pretty good!!
Jens1893
07-15-2008, 06:41 AM
A pint glass?
Drinking Hefe from a normal pint glass is just about the biggest sin one can commit. The other is drinking Hefe from a can or straight from the bottle.
brncs_fan
07-15-2008, 11:51 AM
Go travel overseas and then come back and try to drink domestic.
The English beer that I drank knocked the socks off of anything that we have over here.
ZachKC
07-15-2008, 12:08 PM
Drinking Hefe from a normal pint glass is just about the biggest sin one can commit. The other is drinking Hefe from a can or straight from the bottle.
Drama.
Broncojef
07-15-2008, 12:33 PM
weak dollar because of the credicrunch(low fed rate weakens dollar) make this country a fire sale.
Dark days are ahead.
Hopefully Freddie Mac and Fannie Mae will hold up tomorrow.
Unfortunately right on the money!! This sale isn't about good or bad tasting beer its about our dollar growing weaker and the country heading towards dark days. With a choice of leadership being a liberal or a socialist going forward we aren't even close to a bottom or a recovery. :-[
HorseHead
07-15-2008, 01:05 PM
may I suggest one of the many fine beers brewed in our kick a-s little state of Vermont:
Long Trail, Magic Hat, Otter Creek....
Bud is the only beer that is brewed with Rice...thus the hang over.....
Beantown Bronco
07-15-2008, 01:14 PM
may I suggest one of the many fine beers brewed in our kick a-s little state of Vermont:
Long Trail, Magic Hat, Otter Creek....
Bud is the only beer that is brewed with Rice...thus the hang over.....
Speaking of Vermont beer.....you can certainly get your fill this weekend.
http://www.vermontbrewers.com/overview.html
Atwater His Ass
07-15-2008, 04:28 PM
Oh well, the rest of the beer drinking midwest disagrees with you. Tops among craft beers.
I prefer Pale Ale and Lunar myself. If I want something that is similar to Wheat I enjoy a Blue Moon.
Yeah, my friends love it, but I just don't care for it. Great thing about beer, too many options too choose from for everyone.
NYBronco
07-15-2008, 06:03 PM
and then their market would crash as we wouldnt buy their important lead crap. For AB, Belgium beer is one of the best so this can help actually have a tasty product. Michelob is one of the few that I would drink from AB. Give me Belgium white beer anyday. I will settle for some good tasting Blue Moon if you dont have Hoogarden. Someone dig up the beer thread. I am thirsty.
If the US were to crash on a move such as the Chinese cashing in their US bonds there would be a shock wave through all world markets. It's not in the Chinese best interest to make a move like that...