South Carolina Daily Standard

Bye Bye Budweiser

July 14th, 2008 · 8 Comments

 

As if the purchase of the Chrysler building in New York by Dubai was not bad enough, InBev a Belgian based brewer has agreed to purchase the American icon brewer, Anheuser- Busch. The new company will be called Anheuser-Busch InBev. Anheuser will get seats on the board of the company and will most likely continue running the “American” office in St. Louis. Anheuser-Busch InBev will be the largest brewer in the world. The final “sell out” price was $50 billion.

 

Business is business and life goes on, but it is a shame to see great American companies and treasures be snapped up by foreign interests. Is our whole country for sale, will anything be made in America in 5 years?

 

 

Tags: Lifestyle · News · SC Daily Standard · Updates

8 responses so far ↓

  • 1 benson // Jul 14, 2008 at 9:27 am

    Sad. We are loosing more of our country every day. Their is nothing American anymore.

  • 2 hwy 1 // Jul 14, 2008 at 10:11 am

    America is for sale, China owns all of or debt. How can we be a soverign nation if we do not own anything. America is a failed corporation and is ripe for government take over.

  • 3 this buds not for you // Jul 14, 2008 at 10:37 am

    i am surprised the unions allowed this to happen without more of a fight.

  • 4 Charles Knight // Jul 14, 2008 at 12:55 pm

    With the shape of the American economy, we are all doomed. The Europeans have already starting buying up US property. China owns our debt, we are not in great shape at all. I fear for the future.

  • 5 Blondie // Jul 14, 2008 at 1:39 pm

    Whats the big deal, its not like budweiser is going away.

  • 6 Miller // Jul 14, 2008 at 2:25 pm

    It’s only a matter of time before everything is gone. If the dollar continues to fall so will America

  • 7 gopinsider // Jul 14, 2008 at 4:11 pm

    There will be more of this to come i am afraid. It could be worse, at least China did not buy the brewery.

  • 8 Roy // Jul 18, 2008 at 12:31 am

    We have like the second highest corporate tax rate in the world. These companies are bought out and headquartered overseas where the tax rate is lower. Why hasn’t our government seen fit to fix this? Both Dems. and Reps. are to blame.

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