InBev makes $46.3B takeover offer for Anheuser-Busch
It seems that the rumors about Belgian brewing giant InBev making a bid to buy Anheuser-Busch
were not just rumors after all. According to a story in the June 12th Chicago Tribune, available at this link
...the firm has made a $46.3 billion offer.
While the article makes mention that there could be "massive cutbacks" in store if the merger goes through, absolutely no mention is made of what might happen to Busch's Entertainment Division. In fact, no mention was made of the fact that the company even HAS such a division.
I don't know if this is good, bad, or indifferent. At this point, I would say let the speculation fly!
Not only that but the offer is in hard cash making it even tougher for A-B to resist.
Ya know... Despite my feelings about the Sea World parks, I have to agree. Far too much of the country has fallen into foreign investor hands for my comfort. In fact, an Australian-based group wants to buy out our local energy utility (Puget Sound Energy). I don't think that one's going to fly, but the very fact that the threat was there to begin with is disturbing.
if they reject the bid, they may not be able to dodge a take-over. Bids like this tend to make speculation around a major brand get shaky, prices drop, etc until the buyout occurs. I would be surprised if they reject the bid. Although AB has theme parks and the breweries, they all are a major backer for domestic micro-brewers, giving them a outlet of production and distribution until they buy themselves out of AB's control. Samuel Adams brewery started that way and now more recently Jimmy Buffett and the Landshark Lager...both using AB facitilies to produce their products and their trucks for distribution.
This simply makes me sick…to think that this Great American Company would be sold to a foreign company.
Being a Brit in the US, I can strongley agree that letting outside investment in can be extremely damaging.
God, please no, I love the A-B parks the way they are. Busch does not need to do this, they already make enough profit.
Here's a story update. Some of the print doesn't bode well for the theme park division
Why is everyone worried about a spun-off Busch Entertainment? Do they need AB? It isn't like Disney is spinning off it's theme parks. Disney's parks are an integral part of their business. But apart from the free beer and the horses, what do the Busch parks need from AB?
It would be a truely sad time for me if AB sold their theme parks. They are some of the best ran and clean parks in the world. I say don't mess with a good thing. I am all for NOT SELLING!!!! I have passes to all the Florida AB Theme parks and go all the time and would hate to see them change.
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