r53

Anheuser Busch: The First Round Is On Bud Shareholders

Something about this newest development with Inbev just doesn't make sense to me. According to Financial Times, A/B had the full acquisition of Grupo Modelo sown up and ready for the signing, and this was just before July 4th, in fact they state that A/B was seriously considering making the formal announcement right after the holiday weekend. (I know from a very,very reliable corporate source, that the board WAS meeting on the 5th and 6th. Source didn't know specifics but said they were sure some kind of announcement was to be made the 7th or 8th) Then just 5 days later the August IV is sitting down with Brito in New York???? It doesn't fit, they've got Modelo in hand, which will knock the crap out of Inbev's bid, and THEN decide to sit down with Inbev and deal for an extra 3-4bn??
No something is not right! Don't turn out the lights on this one yet, I don't think it's over. If it IS over and A/B accepts the Inbev offer then I would think A/B has some explaining to do about the Modelo deal.To some very loyal shareholders, who voiced objection to this deal at any price, and to their employees, as well as the people of St. Louis and all over this country who backed them in rejecting Inbev in the first place. Hell they could have lawsuits filed for taking the deal in light of this!
Sorry just trying to get this straight in my head, hope it made some sense.




I agree with ExBudGuy, most people don't get this, the III was on his way out, finally retired in 2002, Stokes babysat the company from 2002 to mid 2007? Finally the IV gets the nod in 2007 and has only been in the position for a year. But He's got some great ideas.