America has sold yet another pieceof itself for a little extra money. WHY??
By ersmommy1
@ersmommy1 (12587)
United States
July 14, 2008 10:19am CST
InBev to buy Anheuser-Busch for $52B. InBev confirms details of purchase Monday
Deal must be approved by shareholders and European and U.S. antitrust regulators
Anheuser-Busch is by far the largest brewer in the U.S.
InBev has said it plans to use St. Louis as its North American headquarters.The deal must be approved by shareholders and European and U.S. antitrust regulators. The merger will produce the fourth-largest consumer product company worldwide. What do you think of the sale?
1 person likes this
3 responses
@DaddyOfTheRose (2934)
• United States
4 Aug 08
I don't know enough to say much. However, AB used to be an American and St. Louis tradition. It is now no longer and American company. That makes me feel differently and a little sad. But I don't think America really sold a part of itself. It was just market pressures and all that. The US government can't be expected to personally interfere in things like this, right?
@echomonster (2225)
• Greenwood, Mississippi
14 Jul 08
I think that's just the way the world of business works. We Americans might not be thrilled to see one of our companies taken over by an overseas company, but it's not like American companies don't do a lot of business overseas also. Sometimes overseas companies turn out to be big employers here in the USA like Toyota so it's not necessarily bad for the economy either.
