Anheuser-Busch Sold to Belgian Company

14 07 2008

UGH!  I can’t even express in words how disgusted I am that an American institution or my second choice of beers sold out to a Belgian company

Anheuser-Busch Cos. and InBev late Sunday announced an agreement to combine the two companies, in a deal that would create the world’s largest brewer and one of the largest consumer products companies.

In a joint press release, the companies said Anheuser-Busch shareholders would receive $70 a share in cash and that the combined companies would be called Anheuser-Busch InBev. Read the rest of this entry »





Can Micro-Brews Kill Budweiser?

25 06 2008

Interesting article on MSN tonight.

Although craft beers account for only $5.7 billion of the industry, they have seen a 58% increase in dollar sales since 2004, according to the Brewers Association in Boulder, Colo. Last year, while imported and noncraft beer both experienced a growth rate of 1.4% in volume, craft beer enjoyed a 12% growth rate in volume, according to the Brewers Association. Read the rest of this entry »