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Deal Creates Beer Behemoth
 Deal Creates Beer Behemoth 

Deal Creates Beer Behemoth

2 biggest brewers plan $104B merger

(Newser) - The brewer of Budweiser and Stella Artois has announced an agreement in principle with SABMiller to take over the company and create the world's biggest beer giant. Anheuser-Busch said Tuesday it had increased its offer overnight for the world's second-largest brewer and that both boards "reached agreement...

Buzz-Killing Bud Waters Down Its Beer: Lawsuits

'Cheated' drinkers sue over lowered alcohol content

(Newser) - Anheuser-Busch is ripping off beer drinkers by watering down Budweiser, Michelob, and other brands, according to class-action lawsuits from drinkers across America. Lawyers say the company uses technology designed to accurately measure alcohol content to dilute its beers just before bottling, making the beer 3% to 8% weaker than what...

Flailing Anheuser-Busch Tries New Beers, Intimidation

Market share falling for big US brewers

(Newser) - Anheuser-Busch InBev is desperate to turn its sales around. Sure, it's still the biggest beer company in the US, but shipments have fallen for three straight years, thanks to the growing popularity of small, independent craft brewers. But this year Budweiser's got a plan, president of North American...

Beer Prices Going Up
 Beer Prices Going Up 

Beer Prices Going Up

(Newser) - The nation’s largest brewers plan to raise beer prices in the fall, the Wall Street Journal reports. Anheuser-Busch InBev—maker of Budweiser—and MillerCoors will further test the notion that beer is generally recession-proof. “The environment is very favorable, we think,” says an Anheuser exec. Both companies...

New Owner's Cost Cuts Change Flavor at Budweiser

Jobs, perks, executive suites disappear

(Newser) - Things haven't tasted the same since InBev's takeover—and makeover—of Anheuser-Busch, the Wall Street Journal reports. Cost-cutting has become paramount at a firm once known for its cushy treatment of employees. Jobs have been sliced, executive suites knocked down, and benefits like free baseball tickets made rare. Anheuser-Busch Inbev...

'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...

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...

Next Round's on Cindy After Bud Buyout

Stock belonging to McCain's wife worth up to $5.6M in takeover

(Newser) - The $52 billion takeover of Anheuser-Busch means Cindy McCain's stock in the brewing giant is worth between $2.8 million and $5.6 million, Reuters calculates. Though the presidential campaign of her husband, Republican John McCain, didn't say how many shares Cindy owns, it appears she and her dependents have...

Belgian-Brazilian InBev Buys Anheuser-Busch for $52B

Historic change for American beer king

(Newser) - Legendary American brewing company Anheuser-Busch has agreed to a $52 billion takeover bid by the Belgian-Brazilian InBev, building the largest beer firm in the world and ending over 150 years of ownership by the Anheuser and Busch families, the Wall Street Journal reports. The $70-per-share deal is a step up...

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...

InBev Brews Plan to Oust Anheuser-Busch Directors

Company turns to shareholders in merger

(Newser) - InBev is turning up the heat in its $46.35-billion attempt to take over St. Louis-based Anheuser-Busch, seeking to replace the company's board with a new slate of directors. The move aims to allow shareholders a direct say on the merger bid that was spurned last month, reports the Wall ...

Lift a Glass to Belgian Bid for Bud
 Lift a Glass to
 Belgian Bid for Bud 

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...

Budweiser to Reject InBev Offer

Anheuser-Busch now may face a hostile takeover bid

(Newser) - Anheuser-Busch plans to reject Belgian brewer InBev's $46 billion offer to buy the company, the Wall Street Journal reports. The decision is not expected to deter InBev, however, which could launch a hostile takeover bid, the Journal notes. InBev wants to acquire the St. Louis brewer—the maker of Budweiser—...

Budweiser to Buy Corona to Stave Off Stella?

Anheuser-Busch tries to avoid InBev takeover with Modelo talks

(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 Corona brand. By buying the...

This Bid's for Bud: Belgian Brewer Offers $46B

InBev wants to buy Anheuser-Busch

(Newser) - The Belgian-based brewer InBev has made a $46 billion cash bid for US beer giant Anheuser-Busch in what would be one of the largest foreign acquisitions of an American corporation, the Wall Street Journal reports. If it goes through—a prospect that is far from certain—the 132-year-old Budweiser brand...

Takeover Could Leave Anheuser A Bit Skunked
Takeover Could Leave Anheuser A Bit Skunked

Takeover Could Leave Anheuser A Bit Skunked

Bottom-line culture of Brazil's InBev not always a smooth pour

(Newser) - Anheuser-Busch executives are surely examining the fate of Interbrew, the Belgian company swallowed in 2004 by InBev, the Brazilian juggernaut reportedly preparing to grab the iconic US brewer, the Wall Street Journal reports. InBev's locker-room, bottom-line-oriented corporate culture has quickly replaced beer-loving Belgians with Brazilian execs, a situation that would...

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...

Belgians Eye $46B Anheuser-Busch Takeover

InBev prepared to go hostile to grab control of American brewing giant

(Newser) - A Belgian brewing giant whose brands include Stella Artois is contemplating a $46 billion takeover of Anheuser-Busch, the Financial Times reports today. If CEO August Busch IV denies Belgium's InBev, as he reportedly did in October, the company may go directly to shareholders. InBev is also contemplating a partnership with...

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