But would Bud still taste like dish water?

Posted: June 11, 2008 in Uncategorized

A European brewing company just made an unsolicited bid to purchase Anheuser-Busch for $46 billion, or $65 per share, which according to the story is a "sizable premium" over their current trading price of just over $58 share. Within minutes, Anheuser-Busch received an unsolicited phone call from the founders of Yahoo! insisting that A-B is worth at least $68 a share, and to very publicly reject the bid…cuz they’d be fools to accept the first offer.

According to the story, the beer industry has been consolidating in recent years due to things like stale demand in the United States. Personally, I don’t see why there is a demand for stale beer.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s