14 July, 2008

This Bud is no more.


Amheiser-Bush is no more. It is being bought out by InBev SA. Diageo is the only other majority share holder of the company and will more than likely end up with partial ownership of InBev SA. (Diageo is the company name Guinness took when they started to purchase food companies - Jolly Green Giant, BK (at one point), General Mills, etc...)...

Only $52billion!

http://www.cbc.ca/money/story/2008/07/14/inbev-busch.html?ref=rss

3 comments:

Bill said...

It'a amazing that beer and liquor transfers of power never gets much reaction. I guess as long as no one changes the formula of a favorite drink, most people don't care. But that's alot of money.

The Old Guy said...

Maybe they will start producing something that is drinkable, or least tastes more like beer than water.

Ian O'hEnas said...

doubt it! InBev beers also suck.