Jul 14 2008
What a Year for Beer!
No doubt you’ve heard the news by now – Anhueser-Busch finally acquiesced to being taken over by Inbev. After the Belgian beer giant upped their bid by four or five billion – but what’s a few billion among friends? – the board at A-B decided that was their price.
It’s been a remarkable few months. Back in the beginning of 2008 three companies dominated US beer sales – Anheuser-Busch, Miller and Coors. At the end of 2008 none of these companies will exist! Miller and Coors’s respective foreign masters decided to join their American interests into a single company called MillerCoors and now Anheuser-Busch Inbev, or as some are already calling it A-B Inbev, will replace the once mighty brewer of Budweiser.
By the way, if you want to get an in-depth look at the brewer that was Anheuser-Busch, CNBC is airing a show that should be pretty interesting this Friday.
