x-ab employee

Bud Light Lime, Not Potential InBev Takeover Boosting Anheuser-Busch

Not sure if this bud lt lime is the real catalyst for the stock jump, though I am glad to see it. BUd Select was also a great launch and was the fastest growing new beer 2 years ago only to fizzle out. The problem with new beer launches is that they cannibalize the existing brands, Bud Lt in this case. My company has been owned for the last 27+ years by AB and they are finishing the deal to sell to our competitor on the 1st of June. This may be the cause for the raising stock price, who knows. Not sure of the sales price, but it could be in the neighborhood of $50 mill? So whatever happens to AB is not that important to me as long as the stock goes up as high as possible before I roll my 401k over to new company. A rumoured $65-68 share buyout from Inbev is enticing for a stock that I have been holding for 6 years that has been basically flat. Cheers!