This Buds For Belgium

Anheuser-Busch, which spends more on television sports advertising than any other
company, has received an unsolicited $46-billion buyout offer from the Belgian brewer
InBev SA, known principally in the U.S. for its Beck's and Stella Artois brands.
The all-cash bid of $65 a share represents an 11 percent premium over its current price.
(Shares in the company immediately soared to $62 in after-hours trading.) Within
hours of the announcement of InBev's offer, opposition to it burgeoned, with many
critics opposing the sale of what they regarded as an American institution to a foreign
company. A website, SaveAB.com, offers to provide yard signs to citizens in St. Louis,
the headquarters of the company, to protest the acquisition.

12/06/2008

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