Monday, July 14, 2008

What About ... Impending Loss of an American Icon?

While I was pondering the loss of a Canadian icon, the United States is also doing the same [Dear Journal - Wall Street Journal, Budweiser-InBev: Patriotism Has Its Price–$70 a Share]
All that patriotism stuff? The Missouri Senators, the Clydesdales, the flag-waving distributors?

Well, forget that.

Everyone and every board has its price. And based on reporting early this morning, Anheuser’s price is $70 a share, or about $50 billion in total from Belgian-Brazilian brewer InBev.
I don't know. InBev is heavily hyping Budweiser internationally. Anheuser-Busch couldn't do it - why not InBev?

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