Apparently, the European mega beer company, InBev, really, really, really wants to buy Anheuser-Busch. After being firmly rejected last Thursday, InBev is preparing to make a hostile takeover bid.The European beer giant is maneuvering either to remove the AB Board of Directors, or to be able to take its proposal straight to the shareholders. Though Ab came up with some cost cutting plans that would save the company more than $1 billion over the next four years and eventually raise share prices, many analysts believe that shareholders would go with cold hard cash now rather than the possible share price increase in the future.
One commenter on the St. Louis Business Journal article raised the concern that InBev isn't likely to spend the money on being environmentally responsible that AB does. That commenter goes on to ask where the environmentalists are. Does anyone have any more information on that aspect of this that they'd like to share?
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