Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Budweiser to Buy Corona to Stave Off Stella?

Anheuser-Busch tries to avoid InBev takeover with Modelo talks

By Kevin Spak, Newser Staff

Posted Jun 13, 2008 6:55 AM CDT

(Newser) – Anhueser-Busch has approached Mexian brewer Grupo Modelo about a possible merger, the Wall Street Journal reports, in an attempt to thwart an unwanted $46.35 billion takeover bid from Belgium’s InBev NV. Anhueser already owns 50% of Modelo, which is best known for its... Read full story »

COMMENTS

Read the comment policy

You need to Log in to Newser to comment. Don't have an account yet? Sign up now!

There are no comments

A snapshot of the day's best news stories.

View Larger Grid

All Today Yesterday Pick a Date

What's Popular Now on Facebook

Cops Shoot Naked Guy Eating Man's Face on Highway

Japanese Artist Serves Up Own Cooked Genitals

Wall Street Journal (Source Grid »)

Deal critics are frothing
BusinessWeek

Takeover would mean little to Bud fans
Newsday

InBev may water down Bud marketing
Wall Street Journal

Anhueser credit rating could drop
Forbes

Money

mergers and acquisitions • beer • Budweiser • Anheuser-Busch • InBev • Stella Artois • Grupo Modelo

More Newser Stories

Belgium's InBev Mulls Budweiser Takeover

Stella maker could make unsolicited bid

(NEWSER) - Belgian-based brewer InBev NV is considering an unsolicited takeover of Anheuser-Busch, the Wall Street Journal reports. The Busch family is loathe to sell the 150-year-old American icon and brewer of Budweiser—Executive August A. Busch IV vowed it wouldn’t happen “on my watch”—but activist investors have been scooping up shares, hoping to force the issue. InBev and Anheuser are the world’s second- and third-largest brewers by volume. More»

Anheuser-Busch: The Deal That Sleeps With the Fishes

If relationship with Modelo hadn't soured on fishing trip, Belgians might have been staved off

(NEWSER) - Anyone mourning the takeover of Anheuser Busch by Belgium's InBev might want to know that the real turning point in that battle occurred more than a decade ago. On a fishing trip. In Mexico. The last real chance to outmaneuver InBev was lost when the US brewer failed to get a controlling stake in Mexico’s Grupo Modelo, writes David Kesmodel in the Wall Street Journal. And chances for that, say industry sources, vanished when former A-B CEO August Busch III decided to take a call instead of landing a humongous marlin. More»

InBev Boosts Bid for Bud, Making Buyout Likely

Deal now tops $50 million, and Anheuser is likely to accept

(NEWSER) - InBev has increased its bid for Anheuser-Busch to $70 a share, the Wall Street Journal reports. Although willing to replace the Budweiser-brewer’s board in a hostile takeover, the $5-per-share boost—bringing the total deal to $50 billion—is a signal that InBev would prefer to keep things friendly. Anheuser will probably accept the new offer, sources told the Journal. More»

'King of Beers' Gets a Taste of Own Medicine

...and realize it's a lot like watery piss, actually

(NEWSER) - Anyone who thinks InBev’s buyout of Budweiser represents the end of American beer needs a history lesson, writes Edward McClelland in Salon. Budweiser became the “King of Beers” by killing every other heir to the throne. In 1960, America had 175 traditional, regional breweries, making lagers just like Bud. Anheuser-Busch systematically crushed them all, through its distribution and marketing might. More»

Lift a Glass to Belgian Bid for Bud

But US outrage is understandable

(NEWSER) - Belgian beer company InBev’s bid for Anheuser-Busch may look like an affront to a US tradition—but it's perfectly in keeping with the American spirit of entrepreneurship, writes Maureen Ogle in the Washington Post. It’s “precisely the sort of bold strike that launched the American Revolution and still fuels the American dream"—and if Adolphus Busch were alive today, he’d hire InBev’s CEO. More»

NEWS FROM OUR PARTNERS

What is Newser?

Face it: there's too much news. At Newser, we choose the most thought-provoking and entertaining stories from hundreds of US and international sources and reduce them to a headline, picture, and two paragraphs. And we do it 24/7—you can come back morning, noon, night (and in between) for something new that matters. Read less, know more.

Learn more »

Partnering with: Slate

View Newser on the mobile website

Budweiser to Buy Corona to Stave Off Stella?

Anheuser-Busch tries to avoid InBev takeover with Modelo talks

mergers and acquisitions • beer • Budweiser • Anheuser-Busch • InBev • Stella Artois • Grupo Modelo

MOST POPULAR STORIES

[ By Views ]

[ By Comments ]

More Newser Stories

Belgium's InBev Mulls Budweiser Takeover

Stella maker could make unsolicited bid

Anheuser-Busch: The Deal That Sleeps With the Fishes

If relationship with Modelo hadn't soured on fishing trip, Belgians might have been staved off

InBev Boosts Bid for Bud, Making Buyout Likely

Deal now tops $50 million, and Anheuser is likely to accept

'King of Beers' Gets a Taste of Own Medicine

...and realize it's a lot like watery piss, actually

Lift a Glass to Belgian Bid for Bud

But US outrage is understandable

About Us

Site

Community

Site Maps

Tools

More News

What is Newser?