Drink...or Drive?

[rwarn17588]

quote:Originally posted by RecycleMichael

I am just trying to "afford" their visit.

My ice chest right now has Boddington, Corona, Michelob Select, Michelob Ultra, Flying Dog, Leinenkugal, and Red Stripe.

No Schlitz? No "kiss of the hops"?

My liquor store had a $3.99-a-six sale on Bitburger the other day. Yay!

[MH2010]

quote:Originally posted by rwarn17588

quote:Originally posted by RecycleMichael

I am just trying to "afford" their visit.

My ice chest right now has Boddington, Corona, Michelob Select, Michelob Ultra, Flying Dog, Leinenkugal, and Red Stripe.

No Schlitz? No "kiss of the hops"?

My liquor store had a $3.99-a-six sale on Bitburger the other day. Yay!

Where?  I love Bitburger!

[Rico]

If beer prices fall into the pockets of those outside of the USA.....?

http://www.businessweek.com/ap/financialnews/D914N5OO0.htm


Web site aims to block Anheuser-Busch takeover


A new Web site is trying to block the rumored takeover of Anheuser-Busch Cos. Inc. by Belgium-based brewer InBev SA, playing on patriotic fervor to stop an iconic American firm from slipping into foreign hands.

The Web site, SaveBudweiser.com, encourages visitors to contact elected officials and Anheuser-Busch shareholders to discourage the deal. It features an online petition "To Save Our Beer," and claims to have more than 18,000 signatures.

"We don't want another American icon turned over to a foreign company; we want the motto to remain, "The Great American Lager," the petition says.

It is unclear who is behind the Web site, which says it is not affiliated with Anheuser-Busch. The site is registered and hosted by a company in Yarmouth, Nova Scotia. The identity of the Web site administrators is not listed, and the administrators did not return an e-mail seeking comment.

The St. Louis Post-Dispatch reported earlier this week the Web Site was launched by a couple in Florida who live near a member of the Busch family.

The Web site reflects discontent that has flourished since European media outlets published reports late last month that InBev might offer up to $48 billion for Anheuser-Busch. Concern has been particularly strong here in Anheuser-Busch's hometown, where the company employs 6,000 people and gives to a wide variety of local charities.

Both Anheuser-Busch and InBev have declined comment on any potential deal.

Analysts say it could be difficult for Anheuser-Busch executives to deny an offer if InBev makes it. InBev's bid equals about $65 per share for Anheuser-Busch's stock, a steep premium over Friday morning's share price of $57.81.

Still, the deal might become a political issue during an election year when voters are anxious about the economy and wary of overseas investment. That's clearly a sentiment being stoked by the site.

"Anheuser-Busch is a huge supporter of our military and their families both here and abroad and is ranked in the 'Top 50 Military-Friendly Employers,'" the site says. "Recently in the news, talks of a hostile take over of the company have been prevalent. Lets band together as one voice and try to save more than just our beer."
[}:)]

[rwarn17588]

I'm sort of ambivalent about the Anheuser-Busch takeover.

AB's ruthlessness has caused the demise of many stalwart U.S. brands over the decades.

And, frankly, Europeans often make better beer than we do. (Quality-obsessive microbrewers like Marshall here in town don't count my general statement, BTW.)

But a Belgian concern taking over wouldn't necessarily be a bad thing to AB's overall product.

To answer MH2010's question: I forget the name of the liquor store, but it's the one on Southwest Boulevard near Ollie's Station. You'd better move fast, though.

The owner there about once a week buys small-quantity "sale" items of a case or two. Some weeks it means cheap stuff like Schlitz or Lost Lake. But others it means good beer like Bitburger or Shiner Blonde -- all at cut-rate prices of $3 to $4 a six-pack.

[cannon_fodder]

Couldn't care less.  If American company's are under performing or the economics are such that it makes sense for a foreign company to buy it out, fine.  Why not sell a $40B company for $48B?  

In my book, that's a net gain of $8 Billion for the majority American shareholders.  

And, of course, that's ignoring the fact that the US did the same thing in the 1980's and 90's when our currency was strong - run in and buy companies all over the world.  Most of which we over paid for and had to sell off not too long after.  Welcome to capitalism, "legacies" and "national pride" are not that relevant, it's just business.

[Rico]

quote:Originally posted by cannon_fodder

Couldn't care less.  If American company's are under performing or the economics are such that it makes sense for a foreign company to buy it out, fine.  Why not sell a $40B company for $48B?  

In my book, that's a net gain of $8 Billion for the majority American shareholders.  

And, of course, that's ignoring the fact that the US did the same thing in the 1980's and 90's when our currency was strong - run in and buy companies all over the world.  Most of which we over paid for and had to sell off not too long after.  Welcome to capitalism, "legacies" and "national pride" are not that relevant, it's just business.

Don't know how this thread turned into a statement that "Bud" shouldn't be bought out,,


The point was... when another company located in another country controls the price of beer.... the price just might go up..

Ya think..?

Who the owners of Budweiser are means very little to me as well.. but it just might matter to the employees of the company.

Ya think..?