Quote:
Originally Posted by D-man
Yeah I personally don't drink Bud much I like Blue Moon myself and my wifes "German" so we tend to have real beer "as she calls" it in the house but the Ink is not dry actually.
While Anheuser-Busch has agreed to the deal at $70 a share deal 2 weeks ago, It's still not a done deal. Not only does the SEC have to approve the sale but the share holders get to vote. Also it seems "Anheuser-Busch owns a 50% share in Grupo Modelo, which said in a statement that its relationship with Anheuser-Busch gives it consent rights to the deal."
http://money.cnn.com/2008/07/14/news...v.ap/index.htm
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Blue Moon is brewed by Coors.
I worked for Coors for about 3.5 years up in Redwood City.
TBH I think that the sale is a good thing for Budweiser. It will open many doors for them that may appear to be open now but are not.
In-Bev will add positively to it's image. I don't for see any issues from the shareholders approval process. Time will tell though.
