Well I heard on NPR that the Anheuser-Busch board accepted the latest offer from InBev. According to the San Francisco Chronicle, InBev “sweetened the offer” from $65 to $70 a share on the latest volley for the buyout. They’ve been pretty stagnant on the stock front for a couple of years now. InBev says it will keep the US breweries open and keep the US main office in St. Louis. Hey, we always knew they were a bunch of sellouts. This just confirms it. Not that the change is necessarily a bad thing…
UPDATE: Looks like the InBev link is busted. You’ll probably have to try the UK site. What a wonderful start to the merger…
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This post was written by Michael on July 14, 2008
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