Posted on 11-06-2008
Filed Under (Business) by tshawler

After the closing bell on Wall Street today, Anheuser-Busch received an offer of $65 per share buy out offer from Belgium Brewer InBev. This is a very handsome offer considering the Anheuser-Busch stock closed at $58.35. I’m not sure about you but if Anheuser-Busch should happen to take up InBev on their offer the beer makers stock will raise faster than gas prices. Anheuser-Busch produces some of the most recognized beers on the market today. Their offerings include Budweiser, Bud Light, Michelob Light and dark beers, Rolling Rock and many others. Anheuser-Busch is the leading U.S. brewer and industry leader since 1957, with more than 100 brands and 12 U.S. breweries. Anheuser-Bush is so popular without their commercials I’d doubt there would even be a super bowl. We’ll have to wait and see how this huge buyout offer turns out. $44 billion would be a tough chunk of change to turn down.
This is just the latest American Icon Company involved in potential sale or spin-offs. Last Month General Electric had announced the desire to sell off its 100-year-old appliances business to provide more stockholder value in the GE stock. Potential buyers for the GE Appliances business include LG, Haier, Arcelik and a couple others. GE has hinted at the possibility that it might be considering selling other GE businesses as well.

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Comments

Chris Moran on 11 June, 2008 at 9:29 pm #

Nice writing style. Looking forward to reading more from you.

Chris Moran


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