Reply #13: Sorry Joe! Your too late for that beer sipping job... Cindy sold Anheuser-Busch [View All]

[Dont_Bogart_the_Pretzel]

InBev Completes Acquisition of Anheuser-Busch

BRUSSELS, Belgium and ST. LOUIS (Nov. 18) – InBev announced today that it has completed its acquisition of Anheuser-Busch following approval from shareholders of both companies. The combination creates the global leader in beer and one of the world's top five consumer products companies. Under the terms of the merger agreement, all shares of Anheuser-Busch will be acquired for $70 per share in cash, for an aggregate of $52 billion.

Effective today, InBev has changed its name to Anheuser-Busch InBev to reflect the heritage and traditions of Anheuser-Busch. Starting Nov. 20, 2008, the company will trade under the new ticker symbol ABI on the Euronext Brussels stock exchange. Anheuser-Busch has become a wholly owned subsidiary of Anheuser-Busch InBev and will retain its current headquarters in St. Louis, Mo. St. Louis will also become the North American headquarters for the combined company. The new Anheuser-Busch InBev is geographically diversified, benefiting from a balanced exposure to developed and developing markets.

http://www.anheuser-busch.com/