Saturday, June 14, 2008

InBev Attemps Take Over of Anheuser-Busch

In todays Business section of the APP a story appears about the hostile takeover attempt of InBeV to takeover Anheuser-Busch.
InBeV is the parent company of such brews as Becks, Stella Artois and Hoegaarden. InBev bid is believed to be worth $46.3 billion, which is $65 dollars per share.

As a former Busch employee I am stunned at this news, is nothing sacred anymore? This is another example of a foriegn company attempting to takeover an American icon due to the weak dollar.

A web site "saveab.com" in St. Louis has been set up to "try and rally Americans to fight the foreign invasion". Lets give it our support! Click here to read the full story.

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