DrinkAmerican.US

Boycott Budweiser to protest the foreign sale of Anheuser-Busch to Belgian brewer InBev.

Foreign Ownership Un-Patriotic PDF Print E-mail
Written by David   
Saturday, 14 June 2008 20:56
I've been reading quite a few articles on what We The People have been saying about the possible sale of Anheuser-Busch to a foreign company.  I don't think I need to tell you that no red-blooded American has been talking about what a good thing this could be.

Take this article on RedOrbit that focuses on the roots that A-B has grown in St. Louis over the past, oh, 150 years or so.

Then there is the Charlotte Observer who righfully noted that "foreign ownership of the company would be un-patriotic."

They continue... "With foreign ownership of Anheuser-Busch Cos. a real possibility, beer drinkers may have to choose between their patriotism and their Budweiser.

"It would be like selling off an American pastime," said Rebekah Dye, a bartender at Morehead Street Tavern. "That would just blow my mind. Bud is just as American as baseball."


Last Updated ( Tuesday, 15 July 2008 00:18 )
 
Bud Talks With Corona PDF Print E-mail
Written by David   
Friday, 13 June 2008 21:53
The Wall Street Journal has reported that Anheuser-Busch might be trying to thwart a deal by talking with Mexico's Grupo Modelo SAB about a merger. Anheuser Busch already owns roughly 50 percent in Modelo, Mexico's largest brewer and maker of Corona.

The problem (on our end, anyway) seems to be that Carlos Fernandez, the Modelo chief executive (who is also an Anheuser director) wants to keep his proud Mexican company Mexican.

Perhaps Carlos could teach his fellow board members a thing about patriotism.


Last Updated ( Saturday, 21 June 2008 23:24 )
 
InBev Uncorks Anheuser Takeover Bid PDF Print E-mail
Written by David   
Thursday, 12 June 2008 00:00
InBev launched an unsolicited bid to acquire Anheuser-Busch today for $46.4 billion, offering a substantial premium to Anheuser shareholders in a move that would place the 132 year-old iconic Budweiser brand in the hands of a Belgian-Brazilian giant.

The combination would create the world's largest brewer with net sales of about $36 billion annually.

In evaluating the nonbinding, $65-a-share proposal, Anheuser said in a statement Wednesday that its board "will pursue the course of action that is in the best interests of Anheuser-Busch's stockholders." The statement added that the board would make a decision "in due course."

Statements like that often make me sick to my stomach.  I certainly hope that the board is not only considering the financial rewards that stockholders may receive... hmmm, do you think the board members own any stock?

C'mon suits... think about the fact that you are Budweiser... you are the last big icon of American beer... an icon of America!  What is that worth to you?

For all the latest information, please check the Newsfeed page.


Last Updated ( Wednesday, 01 July 2009 08:17 )
 
Anheuser-Busch is "Circling the Wagons" PDF Print E-mail
Written by David   
Tuesday, 03 June 2008 12:34

News outlets such as the Business Journal of Milwaukee are reporting that Anheuser-Busch has hired financial advisers Goldman Sachs and Citigroup in preparation for a potential $46 billion takeover bid by Belgian brewer InBev.


The VP and CFO of A-B, won't confirm or deny anything, but clearly they are getting ready for something big... for better or worse. One other possibility is that A-B may seek to purchase Mexico's Grupo Modelo, which would make A-B too costly to be purchased.

 



Last Updated ( Saturday, 21 June 2008 23:23 )
 
What do I do now? PDF Print E-mail
Written by David   
Monday, 26 May 2008 18:02

As a beer news publisher, I read quite a bit about what goes on in the industry and then filter all the boring crap to populate the blog on Brian's Belly.  Some might say the site has been slipping a bit lately, and I agree... it's tough to keep a big site running and keep the content fresh AND have an actual paying job... and that paying job keeps you busy.

So imagine my own surprise that I decided to create ANOTHER time-consuming site.

But, I couldn't help it.  After reading the news that Belgian brewer InBev was considering an unsolicited bid for American brewery Anheuser-Busch, I couldn't just sit at the bar drinking when I could be doing something.  The phrase "Drink American" just floated into what's left of the brain cells I have that haven't been clouded or destroyed by alcohol.  It would be a brother site to Brian's Belly that would be dedicated to informing the American public about what COULD happen to Budweiser, and Anheuser-Busch's other beers.

From what I have read, it seems like the board of directors at A-B tends to side with the wishes of the Busch family, which is good... because they don't want it anything to do with InBev.  CEO August Busch IV said the company would not be sold "on my watch." Ex-CEO August Busch III, father of the current CEO, is also known to oppose a sale.

The problem though is that the Busch family, while certainly influential, does not own enough stock (less than 4 percent) to block a takeover.

Now, financial-world lingo is not a lingo that I learned on the streets of the Bronx, so I will let you learn more about the intricacies of how buyouts, bids and hostile takeovers work from some other site.  This site will be available to you as a news outlet and, possibly as a portal for organizing activities... such as a boycott of the brand should the situation warrant it.

Right now, it is mostly VERY STRONG RUMOR that this is happening.  But it seems sure that as soon as the math professors in Belgium finish punching numbers on their calculators that an offer will be made.

Stay tuned.



Last Updated ( Wednesday, 01 July 2009 08:19 )
 
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