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This Bud's for InBev
Jul 14 - A month after its first official bid, InBev finally signs a deal to take over Budweiser parent Anheuser-Busch. After 150 years as a family business, Anheuser-Busch agrees to a $52 billion dollar takeover bid from Belgium's InBev. Bobbi Rebell reports.
Length: 110
Rating: 5.00 (7 ratings)
Tags: Anheuser-Busch InBev Budweiser
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InBev Buyout Sours Mood in St. Louis
BusinessInBev Buyout Sours Mood in St. LouisInBev Buyout Sours Mood in St. LouisThe Associated PressWith the maker of the King of Beers agreeing to go to work for the Belgian brewer InBev, the mood on the streets of St. Louis was anything but happy. (July 14)[Notes:ANCHOR VOICE] With the maker of the King of Beers agreeing to go to work for the Belgian brewer InBev, the mood on the streets of St. Louis was anything but happy. [Notes:MOS MOS MOS]"I THINK ITS A HORRIBLE MOVE ON ANHEISER-BUSCH'S PART." "IT DISGUSTS ME""ITS A HAPPY DAY IN BELGIUM., ITS A SAD DAY FOR ST. LOUIS. Anheuser-Busch said it had agreed to a sweetened $52 billion takeover bid from InBev, creating the world's largest brewer. For InBev, the deal gives an aggressive company the iconic Budweiser brand to sell into emerging markets.But for St. Louisans, the Belgian brewer's buyout left a bitter taste in their mouths. [Notes:SOT: Kyle Bone] I THINK IT'S A SAD STATE OF AFFAIRS THAT OUR DOLLAR'S FALLEN SO MUCH THAT FOREIGN COMPANIES CAN COME IN AND PICK OFF STANDARD AMERICAN COMPANIES LEFT AND RIGHT AND THERE'S NOTHING WE CAN DO ABOUT IT. InBev said it plans to use St. Louis as its North American headquarters, and will keep open all 12 of Anheuser-Busch's North American breweries. Still, the locals are worried about the effect on the local economy.SOTSOTBut when to comes to drinking beer, the mood is that the Anhesier-Busch brand will stand on its own, despite the new owner.SOT ___ ___, The Associated Press.
Length: 92
Rating: 4.70 (6 ratings)
Tags: anheuser busch-inbev inbev buyout sours mood st. louis
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Grokking InBev - A-B On the TeeVee
This wasn't my finest hour, but the video feed wasn't working, my phone had a buzz, and the technician was talking loudly on her cell phone while I was live. But hey, it's just beer.
Length: 426
Rating: 0.00 (0 ratings)
Tags: beer anheuser inbev
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Anheuser-Busch Agrees to InBev Sale
BusinessAnheuser-Busch Agrees to InBev SaleAnheuser-Busch Agrees to InBev SaleThe Associated PressAnheuser-Busch agreed to be acquired by Belgian brewer InBev for about $52 billion in a deal that would shift ownership of the nation's largest brewer overseas and create the world's largest brewer. (July 14)It's a 52 billion dollar deal that could create the world's largest brewing company....Anheuser Bush and Belgian brewer InBev reportedly have agreed to join forces, finally completing a merger that has been in the works for moths.The deal still must be approved by shareholders and approve by regulators.Anheuser-Bush initially voted against the merger in June, saying InBev's 65 dollar per share offer was too low.But the maker of Stella Artois and Becks --- then came back to the table, upping their offer to 70 dollars per share to reach an agreement.Anheuser-Busch is by far the largest brewing company in the nation.... owning more than 48 percent of the market share. InBevs says it plans to use St. Louis as its North American headquarters, and will keep all 12 of Anheuser-Busch's North American breweries open...But they did not say if there will be layoffs. It's not clear how long approval might take from regulators and shareholders.Anheuser-Busch-InBev would be the new company's name --- if the final agreement is reached. ___ ___, The Associated Press.
Length: 64
Rating: 3.70 (6 ratings)
Tags: anheuser busch-inbev anheuser-busch agrees inbev sale
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Anheuser-Busch Agrees to InBev Sale
SelectPlusAnheuser-Busch Agrees to InBev SaleAnheuser-Busch Agrees to InBev SaleThe Associated PressAnheuser-Busch agreed to be acquired by Belgian brewer InBev for about $52 billion in a deal that would shift ownership of the nation's largest brewer overseas and create the world's largest brewer. (July 14)It's a 52 billion dollar deal that could create the world's largest brewing company....Anheuser Bush and Belgian brewer InBev reportedly have agreed to join forces, finally completing a merger that has been in the works for moths.The deal still must be approved by shareholders and approve by regulators.Anheuser-Bush initially voted against the merger in June, saying InBev's 65 dollar per share offer was too low.But the maker of Stella Artois and Becks --- then came back to the table, upping their offer to 70 dollars per share to reach an agreement.Anheuser-Busch is by far the largest brewing company in the nation.... owning more than 48 percent of the market share. InBevs says it plans to use St. Louis as its North American headquarters, and will keep all 12 of Anheuser-Busch's North American breweries open...But they did not say if there will be layoffs. It's not clear how long approval might take from regulators and shareholders.Anheuser-Busch-InBev would be the new company's name --- if the final agreement is reached. ___ ___, The Associated Press.
Length: 64
Rating: 4.50 (4 ratings)
Tags: anheuser busch-inbev anheuser-busch agrees inbev sale
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Shamu for Sale: Anheuser-Busch, InBev, and the future of SeaWorld
Anheuser-Busch announced on the evening of July 13, 2008 that it would the company to Belgian brewing company, InBev, for $52 Billion. While Budweiser shall remain a brand owned by InBev, it doesn't look as good for Shamu and all his friends at SeaWorld, Busch Gardens, Discovery Cove, and Aquatica, and the more than 20,000 employees who work for Busch Entertainment Corporation, the entertainment subsidiary of Anheuser-Busch Inc.
The entertainment division of the company is estimated to be worth about $3 Billion, which narrows down the list of potential buyers. One would assume either Disney, Universal Studios, or Six Flags are the future buyers. Six Flags has a large amount of debt, Disney isn't in the business of marine parks, and Universal has a hard enough time getting funding from NBC as it is.
The purchase isn't expected to be completed until the end of the year. Given the ill state of the tourism industry and even sicker economy, who knows if this is a realistic goal.
SeaWorld recently raised their admission to $70 per ticket, which is the equivalent of one share of the new Anheuser-Busch, Inc.
Anheuser-Busch bought the parks nearly 20 years ago from Harcourt Brace Jovanovich for $1.1 Billion. It is estimated that InBev will get between $3-4 Billion for Busch Entertainment Corp.
SeaWorld announced earlier this year that it will be building a resort island in Dubai, United Arab Emirates that will include a SeaWorld, Busch Gardens, Discovery Cove, and Aquatica.
If you have any questions about SeaWorld or Anheuser-Busch, please post them!
Length: 155
Rating: 5.00 (5 ratings)
Tags: Shamu Anheuser Busch Budweiser SeaWorld Orca Killer Whale Gardens Aquatica InBev Beer Business Attack
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Anheuser-Busch To Reject InBev Offer - June 27
Anheuser-Busch plans to reject In-Bev's unsolicited $46.3 billion takeover offer - saying it undervalues the company. Meanwhile, Barclays has filed with U.S. regulators for an offering of up to 266 million new ordinary shares.
Length: 201
Rating: 0.00 (0 ratings)
Tags: EMII Institutional Investor
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Anheuser-Busch Sold To InBev
Anheuser-Busch is sold to Belgium's InBev for $52 billion
Length: 58
Rating: 5.00 (1 ratings)
Tags: EBR:INB NYSE:BUD Business News
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