Inbev’s hostile bid for Anheuser-Busch got nastier yesterday. Inbev moved to replace the beer maker’s board of directors….and there goes the deal. What the hell is wrong with Inbev? This was going to be a precarious deal to get done in the first place, now you take a shot directly into the heart of America by filing preliminary consent solicitation with the SEC.
WRONG MOVE!
Well Mr. Brito, it was nice knowing you, but you just shot this deal in the head. There is no way you are going to get what you want now. Haven’t any of your people been keeping up on American news? There is a huge anti-foreign ownership sentiment going on for the last few years. From ports to football teams to defense companies, Americans have been vary aware of who owns their properties…since it isn’t them!
You already had some politicians lining up against you during a Presidential election year mind you! But I appreciate your attempt, I appreciate your spin doctors lining up your proposed slate as the who’s who of American business. You would have been better off letting this thing fester inside the Busch Family. It would have taken longer, but getting the right people on your side would have made this much smoother. But, I guess you opted for a quick kill vs. laying in wait for your prey, now you will have none.
You might be able to pick of Coors, but your going to have to attack Canada for that one..eh!
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