If they do sell it'll be a shame because the A-B company is over 130 years old and is a worldwide brand with some pedigree.Also it would create a potential for repercussions in all areas of the A-B portfolio including the Theme Parks.
Let's hope that, if the Belgians do buy in,they will continue to invest in that side of the business.But I have to say that imho, as a frequent visitor to Belgium,it doesn't bode well.
They do produce fantastic beer,serve the best Moules on the continent and possibly the best frites too. I just wish they would cheer up.I'd feel the Parks would be safer in the hands of happy folk.
I hope A-B reject the bid.
Is the Belgian culture truly so "anti-fun" as you describe? If so, perhaps that's why the do brew some of the best brews... They may not be having any real leisure-type fun any other way.
And if THAT's true, it is a horribly damaging mind-set. The more complex your mind is, the greater the need for the simplicity of play, and the threshold for "complex" is a lot lower than most people would probably like to believe (a friend of mine has seen a flock of ravens engaged in what could only have been play).
I have read that Augie Busch's ownership stake in the company is fairly low. This means that he could be under tremendous shareholder pressure to cave in and sell.
If he does decide to go that route, I would hope he spins off the Entertainment division first, mainly to get them out of harm's way.
A foreign company will mostly likely not do this for American upstarts that would cut their market share.
Unfortunately, it seems like nothing is owned by Americans anymore, not even companies that were founded by Americans. We are selling ourselves too thin and are way too dependent on foreign investment. Most of Manhattan is owned by the Mid-East and Asia. Even the one of the most iconic buildings, the Chrysler, is owned by an Abu-Daubi investment group. Man, can we stop this madness.
The more real estate and companies foreign investors own, the more lobbyists they will have on our soil for their agendas, and we should be smart enough to know that more lobbyists equals more public policy being courted to Washington, making their foreign agenda american law.
Well, thats my tirade for the morning.Glad I am not alone, here.Now, back to work...all of you!Maybe thats why don't own our country anymoreWe are all too busy at theme parks and blogging : )
Sign the petition..
Check www.saveab.com and sign it too
I'm off to SeaWorld tonight, might as well enjoy it while I can!
Busch is in talks with Grupo Modelo to fully combine the two breweries in order to fight off the takeover. This would presumably prevent shareholders from wanting to sell. There are a lot of people up in arms about this one.
This is ultimately left up to the shareholders, not A-B. Here's to hoping that they don't sell