Apparently this was announced yesterday, but it's just now come to my attention. Inbev, the worlds second largest brewer and owner of practically every brand I drink, has made an offer of purchase to Anheuser-Busch and the offer has been accepted by the companies Board of Directors. The price paid for the world's third largest brewing company? $70 a share or approx. $49.9-52 Billion.
Granted the deal is still no final until it is approved by the share holders, but given that the offer is $4 more then today's closing price, I can't see it being rejected. Looks like Anheuser-Busch Inbev is going to be the new top dog in the world's beer market.
Sources: Bloomberg, New York Times
Photo by John White, Wikipedia
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