Showing posts with label corporate buyouts. Show all posts
Showing posts with label corporate buyouts. Show all posts

Wednesday, July 16, 2008

Another Brewery consolidation...

So InBev has finally bought out Anheuser-Busch for $52 billion dollars. How do you buy a company for that much money? I stopped drinking their beer years ago so it does not really make a difference to me who owns them. It is a bit disturbing though to see one of the iconic American companies now owned by a foreign corporation. The pursuit of the all might dollar knows no government boundaries anymore. InBev is known for their cost cutting so I wonder what is in store for Anheuser-Busch now. How many American jobs are going to be lost and or moved overseas? How many tax dollars are going to move overseas? Budweiser's slogan is the Great American Lager. Should it change to the Great Foreign Owned American Lager now? Will core demographic that buys their products care or now think twice about purchasing their products. I wonder...
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