Anheuser-Busch Receives New $49.9 Billion Offer, Takeover Feared Likely

In an attempt to re-acquire the American brewer Anheuser-Busch, InBev raised its bid to $49.9 billion or $70 a share, according to Bloomberg.com. Analysts believe the takeover, supported by the wealthy Warren Buffett, will occur since it offers shareholders the true value of the company.

Many Anheuser-Busch employees and politicians are fearful of the consequences if this merger occurs. They believe InBev – notorious for slashing jobs and cutting corners to save money – will reduce the workforce, cut benefits, sell the American theme parks of Busch Gardens and Sea World and stop future donations that benefit the city of St. Louis.

Furthermore, this acquisition represents another American company selling itself to the highest bidder, a practice all too common anymore. Anheuser-Busch generates jobs, stimulates the American economy and helps St. Louis through its charitable contributions. If this company moves abroad, it is certain jobs, technology and domestic profits will be lost, never again to return and benefit the lives and economy of all Americans.

Source Bloomberg.com:

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