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Anheuser-Busch rejected InBev offer


vlack and white, up close image of a budweiser bottle, focusing on the label.
You knew it had to happen. Late last week, the Anheuser-Busch board of directors politely yet firmly told InBev that they were fine, thanks.

As reported in Beer Advocate, the response to InBev's offer to buy AB at $65 a share was a polite thanks but no thanks. The board if directors for the beer giant said that even though the $65 per share was over current share price, the offer really undervalued the earnings potential of the brand, as well as other assets the company has and plans they've made to make more money . So basically, InBev's offer wasn't enough.

Not that I can blame them. I don't think any company that's doing as well as Anheuser-Busch wants to be taken over. I personally like the decision. I don't like the thought of mega global companies all buying each other up to form one massive corporation, but that's just me. What do you think?

Reader Comments (Page 1 of 1)

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Drying fruit is easy, mostly hands-off and yields a sweet and healthy snack.

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