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The coming war for Beer - 6/12/2008 9:50:13 AM   
cyberdude611


Posts: 2596
Joined: 5/7/2006
Status: offline 		InBev brewery, a European company, has made a $46.4 billion dollar bid to buy American beer giant Anheuser-Busch.
AB, an American company based in St Louis for 148 years, looks like it plans to fight the takeover (although has not publically announced a defense yet) and has hired an army of lawyers and bankers. The bid has launched a firestorm of opposition among the public, state government, and even some members of the US Congress.

But the bid is likely to be tempting for shareholders. AB's stock was valued at $58 a share after Thursday's trading. The deal pays out $64 a share and InBev says they are willing to increase the bid to $70 a share.

Missouri is also a swing state in a Presidential election year.

http://www.iht.com/articles/2008/06/12/business/beer.php
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RE: The coming war for Beer - 6/12/2008 10:39:32 AM   
kdsub


Posts: 12180
Joined: 8/16/2007
Status: offline 		Cyberdude  I believe you are wrong about AB wanting to fight the takeover... I live in St Louis and a local channel had some X executives of AB on for an interview. They say AB is all for the takeover because of  increase in share values. BUT they said AB would fight the first bid only because they know the stock would increase in value just at the possibility of purchase and they could get much more in a second bid.

The deal is done it is just a matter of a little negotiating on value.

Gussie would fight like hell if he were still alive but the kids just see money...It is a shame...I will switch to Miller...unless they are bought up too.

Butch

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RE: The coming war for Beer - 6/12/2008 11:05:20 AM   
Anarrus


Posts: 475
Joined: 11/8/2005
Status: offline 		I only wish someone had fought the takeover when Anheuser-Busch bought Rolling Rock  from InBev (which owned Latrobe Brewing Co and its Rolling Rock brand). and moved it's production to Newark, New Jersey (yeh gotta be real quality water there). They ruined a beer I enjoyed for over 30+ years by doing so.

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RE: The coming war for Beer - 6/12/2008 11:06:37 AM   
Leatherist


Posts: 5149
Joined: 12/11/2007
Status: offline 		I don't drink,they can do whatever they want. If they fuck it up and there are less drunks out there, more power to them.

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RE: The coming war for Beer - 6/12/2008 11:29:33 AM   
slvemike4u


Posts: 17896
Joined: 1/15/2008
From: United States
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quote:

ORIGINAL: Leatherist

I don't drink,they can do whatever they want. If they fuck it up and there are less drunks out there, more power to them.
Leatherist i hope you relise what you suggest would result in less woman getting drunk..... a scary thought for your average closing time troller...just saying

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RE: The coming war for Beer - 6/12/2008 12:22:28 PM   
DomKen


Posts: 19457
Joined: 7/4/2004
From: Chicago, IL
Status: offline 		I'm surprised this hasn't been happening more. With the dollar in the toilet now is an ideal time for European companies to buy US corporations.

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RE: The coming war for Beer - 6/12/2008 1:42:10 PM   
PainSmith


Posts: 53
Joined: 12/30/2007
From: the Republic
Status: offline 		I just hope InBev don't adopt AB's brewing standards.

InBev have a fairly good record in some parts of Europe, at least. They've been known to return brewing to original breweries when a brew is moved to another brewery and people have complained about the resultant quality (e.g. Hoegaarden). They come from a country that knows how to brew good beer, although I've no idea if that counts for anything in multinational boardrooms. Those Belgian brands of theirs I've drunk, in Belgium, are perfectly reasonable Belgian beers.

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RE: The coming war for Beer - 6/12/2008 1:46:03 PM   
SteelofUtah


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From: St George Utah
Status: offline 		I'm waiting for beer to be done in China like Toys and electronics.

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RE: The coming war for Beer - 6/12/2008 10:12:13 PM   
Hippiekinkster


Posts: 5512
Joined: 11/20/2007
From: Liechtenstein
Status: offline
quote:

ORIGINAL: PainSmith

I just hope InBev don't adopt AB's brewing standards.

InBev have a fairly good record in some parts of Europe, at least. They've been known to return brewing to original breweries when a brew is moved to another brewery and people have complained about the resultant quality (e.g. Hoegaarden). They come from a country that knows how to brew good beer, although I've no idea if that counts for anything in multinational boardrooms. Those Belgian brands of theirs I've drunk, in Belgium, are perfectly reasonable Belgian beers.
InBev is the result of a merger between a Belgian giant and Brazilian giant.

Me, I've taken up drinking American small brewery beers, like our own local Sweetwater IPA and Redhook ESB. Terrapin in Athens has a killer Rye Pale Ale.

Think Globally, drink locally.

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RE: The coming war for Beer - 6/12/2008 11:23:26 PM   
JulieorSarah


Posts: 552
Joined: 8/25/2007
Status: offline
quote:

ORIGINAL: cyberdude611

InBev brewery, a European company, has made a $46.4 billion dollar bid to buy American beer giant Anheuser-Busch.
AB, an American company based in St Louis for 148 years, looks like it plans to fight the takeover (although has not publically announced a defense yet) and has hired an army of lawyers and bankers. The bid has launched a firestorm of opposition among the public, state government, and even some members of the US Congress.



US (and most developed countries) companies have been doing this for centuries ... changing cultural icons in other countries to fit into the US (or whatever country's) palate.  It reduces diversity in the marketplace, and is a negative aspect of the free-market economy ... often it has little to do with the product and more about the management skills of the board/executive level.

Support the product, or not it wont change the outcome, but you may feel better.

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RE: The coming war for Beer - 6/13/2008 1:15:52 AM   
slaveboyforyou


Posts: 3607
Joined: 1/6/2005
From: Arkansas, U.S.A.
Status: offline 		I don't really like Budweiser, or any of their other beers.  I really don't care. 

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RE: The coming war for Beer - 6/13/2008 1:32:24 AM   
pinksugarsub


Posts: 1224
Status: offline
quote:

ORIGINAL: cyberdude611

InBev brewery, a European company, has made a $46.4 billion dollar bid to buy American beer giant Anheuser-Busch.
AB, an American company based in St Louis for 148 years, looks like it plans to fight the takeover (although has not publically announced a defense yet) and has hired an army of lawyers and bankers. The bid has launched a firestorm of opposition among the public, state government, and even some members of the US Congress.

But the bid is likely to be tempting for shareholders. AB's stock was valued at $58 a share after Thursday's trading. The deal pays out $64 a share and InBev says they are willing to increase the bid to $70 a share.

Missouri is also a swing state in a Presidential election year.

http://www.iht.com/articles/2008/06/12/business/beer.php


Cyberdude, i need more information.  How is a hostile takeover of AB a 'war for beer'?
 
What's the relevance of Missouri's 'swing state' status?
 
If AB were a producer of breakfast ceral would the issues be different?
 
Thanks for answering my questions..if You do.
 
pinksugarsub

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RE: The coming war for Beer - 6/13/2008 2:28:11 AM   
meatcleaver


Posts: 9030
Joined: 3/13/2006
Status: offline 		Owners of breweries aren't going to change a successful beer because if they have any sense they want to keep brand loyalty. It matters little today which International company owns which brand. I bet most people don't know if a national brand is owned by a company of the same nationality or not. InBev have some good beer brands and being Belgian, they should know a few things about beer. However, all the best beer is brewed in small breweries and is sold in the region it is brewed because the best beer only lasts for a couple of weeks at most where major brand beer lasts half a fucking life time which gives away its lack of real quality.

The cuffuffle about this takeover has more to do with national virility than beer. Well, thanks to Bush (though I should keepo politics out of it) the dollar is weak and many American companies must look like prime takeover targets for Europeans and others.

< Message edited by meatcleaver -- 6/13/2008 2:31:16 AM >

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RE: The coming war for Beer - 6/13/2008 6:21:46 AM   
Termyn8or


Posts: 18681
Joined: 11/12/2005
Status: offline 		For those of you who don't care because you don't drink it I have this to say :

I don't drive, so I don't care if they build cars which the wheels fall off of at 70 MPH instantly killing the driver.

Get it ? If you don't give a shit about other people don't expect them to give a shit about you.

T

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RE: The coming war for Beer - 6/13/2008 6:24:22 AM   
sirsholly


Posts: 42360
Joined: 9/7/2007
From: Quietville
Status: offline
quote:

ORIGINAL: Termyn8or

For those of you who don't care because you don't drink it I have this to say :

I don't drive, so I don't care if they build cars which the wheels fall off of at 70 MPH instantly killing the driver.

Get it ? If you don't give a shit about other people don't expect them to give a shit about you.

T


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RE: The coming war for Beer - 6/13/2008 7:06:26 AM   
cyberdude611


Posts: 2596
Joined: 5/7/2006
Status: offline
quote:

ORIGINAL: pinksugarsub

quote:

ORIGINAL: cyberdude611

InBev brewery, a European company, has made a $46.4 billion dollar bid to buy American beer giant Anheuser-Busch.
AB, an American company based in St Louis for 148 years, looks like it plans to fight the takeover (although has not publically announced a defense yet) and has hired an army of lawyers and bankers. The bid has launched a firestorm of opposition among the public, state government, and even some members of the US Congress.

But the bid is likely to be tempting for shareholders. AB's stock was valued at $58 a share after Thursday's trading. The deal pays out $64 a share and InBev says they are willing to increase the bid to $70 a share.

Missouri is also a swing state in a Presidential election year.

http://www.iht.com/articles/2008/06/12/business/beer.php


Cyberdude, i need more information.  How is a hostile takeover of AB a 'war for beer'?
 
What's the relevance of Missouri's 'swing state' status?
 
If AB were a producer of breakfast ceral would the issues be different?
 
Thanks for answering my questions..if You do.
 
pinksugarsub


War for beer just an interesting title since so many in Missouri disapprove of the deal. An online petition has already generated some 15,000 signitures.

And it has been reported that Cindy McCain, John McCain's wife, is a shareholder. And this also brings back the debate about free trade.

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RE: The coming war for Beer - 6/13/2008 7:08:20 AM   
kittinSol


Posts: 16926
Status: offline 		I hope Cindy recoups some of her losses.

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RE: The coming war for Beer - 6/13/2008 7:20:55 AM   
slvemike4u


Posts: 17896
Joined: 1/15/2008
From: United States
Status: offline 		I drink Yuengling ,don't really like AB products .But the clydesdale commercials are way cool...You know like where their lining up to play football ...

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RE: The coming war for Beer - 6/13/2008 7:23:29 AM   
celticlord2112


Posts: 5732
Status: offline
quote:

And this also brings back the debate about free trade.

A most worthy debate, no doubt....but when do we get to the discussion about free beer?


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RE: The coming war for Beer - 6/13/2008 8:00:18 AM   
BumpStick


Posts: 20
Joined: 5/23/2008
Status: offline
quote:

ORIGINAL: slvemike4u

I drink Yuengling ,don't really like AB products .But the clydesdale commercials are way cool...You know like where their lining up to play football ...


yuengling is some good stuff... too bad the Class 6 doesnt stock it :( They only sell your large mainstream beers. Oh well after the 1st 12pack they all start to taste the same.

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