Projo Beer Blog

July 2008 Archives

Journal columnist Bob Kerr says you should "feel free to cry in your beer" now that Budweiser has been sold to a Belgian company.

"Yup, this Bud's for Belgium," Kerr writes.

Read his column.

ST. LOUIS (AP) -- Anheuser-Busch, the maker of Budweiser and Bud Light, has agreed to a takeover by a giant Belgian brewer, a union that creates a global beer leader and brings to an end one of the most iconic names in American business.

The board of directors of Anheuser-Busch Cos. Inc. on Sunday accepted a sweetened $52 billion takeover offer from Belgian brewer InBev SA, according to a joint press release.

The deal, which is subject to shareholders' and regulators' approval, would create the world's largest brewer and create the fourth-largest consumer product company worldwide.

Read the full Associated Press story.

ST. LOUIS (AP) -- After weeks of public bickering, Anheuser-Busch Cos. Inc.'s board is likely to accept a sweetened buyout offer from the Belgian-based brewer InBev SA as early as this weekend, a published report said.

The New York Times and The Wall Street Journal both cite unnamed sources in reports Friday that the talks have become friendly.

Read the full Associated Press story.