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"Americas Beer" Now Foreign Owned !!!

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Anonymous

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InBev to buy Anheuser-Busch for $52B



ST. LOUIS, Missouri (AP) -- Belgian brewer InBev has announced it will buy its U.S. rival Anheuser-Busch for $52 billion to create the world's largest brewer.

The deal would create the world's largest brewer and put the U.S. beer-maker in the hands of Belgian-based InBev.

The acquisition means control over America's largest brewer, the No. 2 worldwide, moves overseas. Based in St. Louis, Missouri, Anheuser-Busch has more than 48 percent of American market share with brands that include Bud Light.

InBev confirmed the details of the purchase of Anheuser-Busch early Monday. It first bid for Anheuser-Busch on June 11.

InBev is the world's second largest beer maker, with brands that include Stella Artois and Becks.

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
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The merger, if completed, will bring to an end to one of the most iconic names in U.S. business and a name synonymous with St. Louis. From college buildings to offices to the stadium where the Cardinals play, the Busch name is virtually everywhere in the Gateway City.

Eberhard Anheuser acquired the Bavarian brewery in 1860 and renamed it E. Anheuser & Co. His son-in-law, Adolphus Busch, joined the company in 1864 and it was eventually renamed Anheuser-Busch.


http://www.cnn.com/2008/US/07/14/anheuser.inbev.ap/index.html
 
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