Ruh roh. Via OTB, Anheuser-Busch has been sold to InBev:
Anheuser-Busch agreed on Sunday night to sell itself to the Belgian brewer InBev for about $52 billion, putting control of the nation’s largest beer maker and a fixture of American culture into a European rival’s hands.
InBev confirmed details of the sale Monday in Brussels.
The all-cash deal, for $70 a share, would create the world’s largest brewer, uniting the maker of Budweiser and Michelob with the producer of Stella Artois, Bass and Brahma. Together, the two companies would have sales of more than $36 billion a year, surpassing the current No. 1 brewer, SABMiller of London.
At least it wasn’t the French, AMIRITE. And clearly Obama was a moron last week for suggesting that people should want their children to learn multiple languages because of our need to be competitive in the global economy.
This Bud is For… You Pinko Commie Eurotrash AppeasersPost + Comments (56)