Tuesday, July 15, 2008

Budweiser No Longer An American Beer

America's King Of Beers Goes Belgian
The Cost Is $52 Billion Dollars

Anheuser-Busch's board has accepted a $52 million takeover offer from Belgian brewer InBev, creating the world's largest brewer, the two companies announced late Sunday evening.

The company will be called Anheuser-Busch InBev, and InBev CEO Carlos Brito will be the CEO of the combined company.

The announcement ends a month of hostility between the brewer of Budweiser and InBev, which traded lawsuits when InBev tried to oust A-B's board.
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