It only took 25 minutes for the biggest independent American brewer to become part of a Belgian conglomerate. The acceptance of the inevitable didn’t even occur in St. Louis, but miles away in New Jersey of all places as Anheuser-Busch shareholders accepted the $52 billion take-over bid by InBev.
August Busch IV made it official when he stood before a crowd of about 150 shareholders gathered at the Crowne Plaza Hotel and called for the vote. It took only 25 minutes for shareholders to accept the offer from InBev. Owners of more than two-thirds of Anheuser-Busch stock voted by a 96% margin to accept the $70 per share cash offer from InBev.
Leave a Reply