headquartered in St. Louis is having a weee bit of a problem, depending on which side you're on. Budd (pause) weiser, as the famous frog said, has been a family owned "institution" for 148 years. The man with the golden touch, Warren Buffet is their second largest shareholder. Then there is Inbev. You say who? Inbev http://www.inbev.com/ is the world's 2nd largest brewer headquartered in Belgium. Their sales last year were $48 billion. They sell Becks and other brands just about everywhere around the world. Yes, that would include our "favorite" places China and Mexico. Bud is there as well, but not in other key markets - Latin America, Africa or Eastern Europe. And, here in the US, Buds market share among folks like (we) truckers has slipped below 50%. So, here along comes Inbev offering $46.4 billion or $65 a share - that's the initial offer - for Bud. The Gov. of Missouri, Mat Blunt, thinks the deal stinks, not that what he says has that much weight, but being that Bud's in his state, he has to say something. Major media sources report the Busch family is taking a kind of let's wait and see how much Inbev can sweeten the deal before they decide. Perhaps $70 a share might do the trick. Inbev also "promises" not to move Bud from its present home in St. Louis. Inbev's chief says he's looking for a "friendly combination" that would create the #1 world's largest brewer. That position presently being held by SAE Miller www.sabmiller.com/. Truck drivers know that Bud www.budweiser.com/ and Anheiser Busch www.anheuser-busch.com/ are big-time into NASCAR, boat racing - sponsoring a wide range of other sports, and owns Sea-World and Busch Gardens. We'll keep you posted on what happens. For more details, go to www.forbes.com/ And I can guarantee it's going to take a less time to see this deal go down than the proposed Sirius/XM merger. One final note - if you go to Inbev's or SAE Miller's home pages and click on "brands" an "age verification" page comes up - depending on which country you're from you have to enter your birth date to get to the page which lists the brands. At the Bud site http://www.budweiser.com/, an "age verification" authentication comes right up. Now how ridiculous is that?Thursday, June 12, 2008
A trucker fav...
headquartered in St. Louis is having a weee bit of a problem, depending on which side you're on. Budd (pause) weiser, as the famous frog said, has been a family owned "institution" for 148 years. The man with the golden touch, Warren Buffet is their second largest shareholder. Then there is Inbev. You say who? Inbev http://www.inbev.com/ is the world's 2nd largest brewer headquartered in Belgium. Their sales last year were $48 billion. They sell Becks and other brands just about everywhere around the world. Yes, that would include our "favorite" places China and Mexico. Bud is there as well, but not in other key markets - Latin America, Africa or Eastern Europe. And, here in the US, Buds market share among folks like (we) truckers has slipped below 50%. So, here along comes Inbev offering $46.4 billion or $65 a share - that's the initial offer - for Bud. The Gov. of Missouri, Mat Blunt, thinks the deal stinks, not that what he says has that much weight, but being that Bud's in his state, he has to say something. Major media sources report the Busch family is taking a kind of let's wait and see how much Inbev can sweeten the deal before they decide. Perhaps $70 a share might do the trick. Inbev also "promises" not to move Bud from its present home in St. Louis. Inbev's chief says he's looking for a "friendly combination" that would create the #1 world's largest brewer. That position presently being held by SAE Miller www.sabmiller.com/. Truck drivers know that Bud www.budweiser.com/ and Anheiser Busch www.anheuser-busch.com/ are big-time into NASCAR, boat racing - sponsoring a wide range of other sports, and owns Sea-World and Busch Gardens. We'll keep you posted on what happens. For more details, go to www.forbes.com/ And I can guarantee it's going to take a less time to see this deal go down than the proposed Sirius/XM merger. One final note - if you go to Inbev's or SAE Miller's home pages and click on "brands" an "age verification" page comes up - depending on which country you're from you have to enter your birth date to get to the page which lists the brands. At the Bud site http://www.budweiser.com/, an "age verification" authentication comes right up. Now how ridiculous is that?