DealZone

Budweiser: The flag pin of beers?

July 7, 2008

obama-beer.jpgPresidential candidate Barack Obama found himself in the midst of the increasingly politicized Anheuser-Busch takeover battle on Monday, becoming the latest politician to weigh in against InBev’s $46.3 billion bid during a news conference in the Budweiser brewer’s home town of St. Louis, Missouri.

“I do think it would be a shame if Bud is foreign-owned,” Obama said. “I think we should be able to find an American company that is interested in purchasing Anheuser Busch if in fact Anheuser Busch feels that it’s necessary to sell.”

Obama has plenty of company in his defense of what is seen as that most American of beers — a perception cemented by nearly half a billion dollars in annual ad spending. Missouri’s Gov. Matt Blunt and Sen. Claire McCaskill have also come out against the deal, although it’s not clear they’re in a position to stop it.

In another sign of how ugly the takeover battle could get, Anheuser Busch played the Cuba card, today saying that InBev, through a subsidiary, has a partnership with that country’s government¬†to produce and sell products there.¬†

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I am liking Obama more everyday. I hope he gets in the middle and stops the crazy Belgiums from ruining a great company. You can’t trust them. Just look at the Ambev deal and you will see that they are ruthless cost cutters only concerned witht he bottomline and not growing the business. Also, look at Stella A…not doing so hot is it. How about ole Adolphus looking for his 15 minutes of fame….Andy has always been the smarter of the 2 ..Adolphus is about Adolphus…Andy has integrity…I wonder how Billy feels about all this stuff. Anheuser Busch is doing better and I believe their plan to reduce costs along with increasing revenue will work. At least you can trust them. The Busch family might be somewhat arogant, but they care about the company, it’s employees and the city of St. Louis. That is more than you can say about Brito. The Cuba deal was the icing on the cake for me…I am a shareholder…A pretty substantial one in my book and I can assure all that A/B will get my vote if it boils down to that. I know a lot of others that feel the same way.

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