Sunday, July 13, 2008

Anheuser, InBev Reach A Deal for $52 Billion

Hot off the press - "Anheuser-Busch Cos. agreed to be acquired by InBev NV for about $52 billion, according to people familiar with the matter, creating the world's largest beer maker and placing an iconic American company in the hands of a Belgian-Brazilian giant."

Seems like Bud might be in for a big boost - we may start paying for it as an "Import" as opposed to "Domestic" beer and that is probably 10-20% more in most bars :-)

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