Today is a big day for Budweiser.
Anheuser-Busch shareholders are expected to approve the $52 billion take-over of the company by the Belgian brewer InBev. Shareholders are meeting today at a New Jersey hotel to give their final OK to the deal. Once shareholders give their blessing, InBev hopes to close the deal before the end of the year…ending Anheuser-Busch’s solitary hold on Budweiser and all the other beers in the AB family.
The Busch family will also move out of the prime office space at Anheuser-Busch headquarters in St. Louis. InBev executive Luiz Fernando Edmond of Brazil will move in, leading InBev’s North American operations.