Busch Agrees to Sale

July 14, 2008

I just got the news that Anheuser-Busch has agreed to a $52 billion buyout from Belgian beermaker InterBev (The deal amounts to $70 a share).   Story here

Wall Street Journal has an even better story on the buyout, here.

Busch beers have been a part of my family for my entire life; I’m not exactly whether this is good or bad news.  Doesn’t feel like a real positive development right now. I’ll need to read up on the story, and sort things out.

Posted by seth | Filed Under Food, Blog 

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