InBev to go hostile as Anheuser rejects bid

Posted Friday, June 27, 2008 10:56 AM | Contributed by figment

InBev, the world’s largest brewer, said on Thursday it would launch a hostile bid for Anheuser-Busch as its US rival rejected its $46bn bid as “financially inadequate”. In court documents filed in the Court of Chancery in Delaware, InBev said it was preparing to launch a proxy battle seeking the removal of Anheuser’s entire board, citing “delays and apparent plans to attempt to block the acquisition”. A-B owns a number of theme parks in the US.

Read more from The Financial Times.

Friday, June 27, 2008 12:25 PM
I honestly hope AB can hold on, because I wouldnt want to see another foriegn owned company buy an american one, and I defiantly love what AB does with all of the parks they run.*** This post was edited by Audioslaved 6/27/2008 12:25:50 PM ***
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Friday, June 27, 2008 1:08 PM
Hmmm, so where does "Budweiser" come from? Isn´t it "defiantly" "foriegn" to begin with?
(I know that AB just bought the rights to the name, but anyway...)
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Friday, June 27, 2008 1:28 PM
janfrederick's avatar This is going to be VERY interesting.
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Friday, June 27, 2008 1:53 PM
"Budweiser" is a type of beer, just like lager, ale, heffeweisen, etc. AB managed to convice the courts that it was their tradmark in this country. I remember how they decimated DuBois Brewing Co. of DuBois , PA. They had been making DuBois Budweiser Beer about as long as AB had been. They swept down and sued them for trademark infringement and won. Needless to say DuBois Brewing wasn't around for much longer than that, the expenses associated with the suit bankrupted the company. The real shame of it all was that it was a pretty decent regional beer.
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Friday, June 27, 2008 4:36 PM
Raven-Phile's avatar "Budweiser" is just a brand, and certainly not a type. The beer itself is a Lager - which means it uses bottom-fermenting yeast. More specifically, AB's Bud is an American style Pale Lager.

Budweiser Budvar (the Czech pilsner/lager)is an entirely different beer altogether, although it shares the first part of the name.

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Friday, June 27, 2008 5:09 PM
janfrederick's avatar Right. From the suit, it sounds like they were arguing that it was a geographic name: http://www.metnews.com/articles/2005/reminiscing080405.htm
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Friday, June 27, 2008 6:16 PM
The funny thing is, my dad who owns a beer distributing company (which does NOT distribute Bud since they're separate), told me InBev's beers Spaten and Paulener are two of the best beers in the world!?!

Obviously I'm not really a beer drinker...

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Friday, June 27, 2008 8:02 PM
InBev has a most of the good European Beer labels yes, but that is not to say they are best. Just like everythign it's a matter of Tatse.

I abhor Bud Light but don't mind Budweiser all that much and love Michelob Amber Bock. In the InBev Camp I love Spaten Otimator and think it's the best Doppelbock there is and I also love Stella Artois. However I match my beer with what I drink so...blah whatever I am such a beer Snob.

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Friday, June 27, 2008 9:03 PM
Raven-Phile's avatar I'm all about Flying Dog Tire Bite ale.

Budweiser and Bud Light aren't bad, either. I'm a beer snob when I want to be, but I don't have to be picky all the time.

Josh

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Friday, June 27, 2008 9:53 PM
Budweiser is one step above a urine specimen.

IMO, of course. :)

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Friday, June 27, 2008 10:08 PM
The original Budweiser (Budvar) is awesome and can´t be compared to Bud. Interestingly Bud is still not available in some parts of Europe, because AB didn´t buy the rights to the name there and the "original" has secured the market since the 18th century or something.

I always thought that I was not a beer snob, but since I spend six month a year in the US and Canada, I think I became one. I have to admit that I have a hard time finding an American of Canadian beer that I REALLY like. At the moment I prefer Sleeman Original Draft (or Silver Creek) but I am still open to new, strong but not creamy beers.

I guess this is really OT now, so sorry in advance (but I am thirsty!)

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Saturday, June 28, 2008 2:01 AM
RGB, I'd be inclined to use the word below myself... :)
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Saturday, June 28, 2008 4:21 AM
I have always found Miller brewing products to be superior to Busch. I only care about this development because of the parks involved.
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Saturday, June 28, 2008 10:17 AM
RAVEn: I just tried the Flying Dog mix pack. Great beers!
Loved Snake Dog. One of the best IPA's i've ever had.

Bud makes for good beercan chicken. Guinness Extra Stout makes for a much better beercan chicken.

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Saturday, June 28, 2008 1:48 PM
Mamoosh's avatar Bud Light Lime is good...but Miller Chill is better. Of course a Corona with lime is better than both.
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Saturday, June 28, 2008 2:53 PM
And if you don't enjoy drinking horse piss, a good solid German beer is the way to go!
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Saturday, June 28, 2008 3:25 PM
kpjb's avatar American beer's great. Just not the mass produced stuff. German beer's good, but I'd still take a Penn Pilsner, Sam Adams Double Bock, or pretty much anything by New Belgium or Anchor Steam over Beck's or Bitburger any day.

I don't consider myself a beer snob, I'll enjoy an Iron City from time to time, but I just don't like anything made by AB or Miller.

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Saturday, June 28, 2008 4:13 PM
Sol.
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Saturday, June 28, 2008 5:18 PM
I live a mile from Yuengling's brewery, so of course I'm biased. But I also like Stoudt's. Many times when I travel with friends, we like to find a pub/restaurant that has its own micro-brewery. We've found some good brews that way too.
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