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Anheuser-Busch sold to Belgians for $52B




Topic started on 14-7-2008 @ 04:24 AM by Karlhungis


Anheuser-Busch sold to Belgians for $52B


www.cnn.com

Belgian brewer InBev has announced it will buy its U.S. rival Anheuser-Busch for $52 billion to create the world's largest brewer. The acquisition means control over America's largest brewer, the No. 2 worldwide, moves overseas
(visit the link for the full news article)



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reply posted on 14-7-2008 @ 04:24 AM by Karlhungis


Wow, the end of an era. Am I the only one slightly disturbed by seeing one of the major American businesses sold out to a foreign country? This is a pretty big illustration of our current state of affairs.

I don't even drink and this kind of saddens me.

www.cnn.com
(visit the link for the full news article)



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reply posted on 14-7-2008 @ 04:41 AM by SonicInfinity


I listened in a video I watched yesterday that, although some pieces of the puzzle may seem to be irrelevant, they're all required to complete the puzzle, and I think this may be a crucial piece. What does this mean exactly? Although it does not affect me because I do not drink beer, does that mean most of our beer will now be imported? Does this hurt or help people who buy beer?



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reply posted on 14-7-2008 @ 04:45 AM by Karlhungis


reply to post by SonicInfinity



I don't think that the consumers will really notice one way or the other. I am just shocked that such a huge American company was just bought out. With Ford and GM tanking, there really aren't a ton of iconic American businesses anymore. Anheuser Busch was one of them, everything else that comes to mind is in the high tech industry.

Hopefully it was just an owner cashing in and not a sign of things to come.



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reply posted on 14-7-2008 @ 10:18 AM by Rook1545


When Coor's bought out Molson's a few years ago all the Americans had a chuckle about our beer now being American owned. Kind of hurts doesn't it?



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reply posted on 14-7-2008 @ 10:37 AM by grover


Well I guess they won't need all those clydsdales to make all the beer now huh?



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reply posted on 14-7-2008 @ 10:43 AM by Desert Dawg


Budweiser has always been generous in sponsoring various sports venues and the like.

I'm guessing that will come to a halt after the new owners realize the money could be part of their CEO etc. salaries.

Kind of the way things go nowadays, buy a company, raid it for its assets and the CEOs laugh all the way to the bank.

Trouble with life is, it's a lot like the game of Monopoly.
Win most of the money and no one wants to play anymore....



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reply posted on 14-7-2008 @ 10:55 AM by MemoryShock


There is a pre-existing thread on this topic here.

Please make any further contributions to the topic at the above linked thread.

Thank you.

Thread Closed.



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