Latest Anheuser-Busch News

Why They're Slinging Mud Over Bud

“More Americans are realizing that we can't remain an independent country if we are under foreign control," says Roger Simmermaker, author of How Americans Can Buy American: The Power of Consumer Patriotism. "The Anheuser-Busch brand has a lot to do with American culture and American life.”

Anheuser urges holders to revoke consent to InBev

“We believe that the InBev consent proposals are solely designed to enable InBev to take control of your board in order to facilitate InBev's acquisition of Anheuser-Busch pursuant to a proposal that your board has determined is inadequate and not in the best interests of the company's stockholders,” said Anheuser in its filing.

InBev wants speedy judgment in lawsuit against Anheuser-Busch

Belgian brewer InBev asked a Delaware court Tuesday to make a summary judgment -- and bypass having a trial -- on its lawsuit over the possible removal of all 13 directors of Anheuser-Busch Cos. Inc's board, Reuters reported.

Obama opines on Anheuser-Busch sale

“I do think it would be a shame if Bud is foreign-owned. I think we should be able to find an American company that is interested in purchasing Anheuser Busch if in fact Anheuser Busch feels that it's necessary to sell.”

Anheuser-Busch sues InBev

Anheuser-Busch's lawsuit also said InBev's joint venture with the Cuban government, through which InBev brews, imports, sells and exports a variety of brands including Beck's, prevents the Belgian brewer from putting its North American headquarters in St. Louis.

InBev makes appeal to St. Louis in full-page newspaper ad

The ad says the takeover would make for a stronger, more competitive global company. It says Budweiser would be expanded globally, and St. Louis would serve as North American headquarters.

Anheuser bites back at InBev

The Budweiser brewer also chose to highlight InBev’s business operations in Cuba, in what seemed an attempt to stir up political and legal issues. US businesses are banned from doing business in Cuba, and InBev has a partnership with the country’s communist government, via a subsidiary.

Anheuser-Busch (BUD) Family Feud: CEO's Uncle, Adolphus Busch, Joins InBev Team

Adolphus is a nominee for InBev's new slate of directors and appears ready to sell BUD to InBev and say "good riddance."

InBev: Hostile Takeover On Tap

Combining InBev with Anheuser-Busch would create the world’s largest brewer, as well as one of the world's five largest consumer-goods companies. This has raised concerns among some politicians that the takeover would be tantamount to monopoly.

A-B adjusts ad spending to support BL Lime, Bud American Ale

Anheuser-Busch Cos. is cutting back on some local radio advertising originally planned for this summer in order to apply those media dollars to national television and billboard ads. The refocused spending will be used to support the recently launched Bud Light Lime brand and the upcoming launch of Budweiser American Ale, said Dave Peacock, chief marketing officer.

Anheuser-Busch fights shareholder lawsuits

The lawsuit was filed by the New Jersey Carpenters Annuity and Pension Funds and claims Anheuser-Busch's board has hurt shareholders by rejecting InBev's unsolicited $46 billion purchase offer.

A-B continues to push its case

Dave Peacock, vice president of marketing at A-B’s domestic beer subsidiary, indicated Anheuser-Busch now expects its U.S. beer division to grow profits by 8 percent over the next five years, compared to prior guidance of 3 percent to 5 percent, according to a transcript of the presentation filed with the U.S. Securities and Exchange Commission.

InBev says this Bud’s for Me

Belgian brewer InBev SA on Tuesday urged Anheuser-Busch shareholders to challenge the biggest U.S. beer company's rejection of its $46 billion buyout bid.

Beer buyout battle spills to the hill

“You really need to spend a lot of time working to win the hearts and minds of Missourians,” Sen. Claire McCaskill told the chief executive of InBev, according to a person in the meeting who spoke on condition of anonymity. “And I'll be honest with you: I don't know how you'll do it.”

A-B: Cuts to include up to 1,300 early retirements

A-B will be offering an early retirement program this third quarter with hopes that 10 percent to 15 percent of its 8,600 U.S.-based salaried employees will accept.

Bud alert: Brazilians not all sunshine and fun

In the beer world, it's called the “Brazilian factor” and it's code for ruthless cost-cutting done in an ever-so-charming way, like the assassin who smiles and pats your back as he thrusts the knife into your chest.

Anheuser-Busch: The value of heritage

If they really think they can save the company — and we hope they do — they'll have to come up with something better than the promise of a "new Anheuser-Busch" revealed Friday.

Beer battle could give McCain hangover

Cindy McCain, wife of John McCain, the Republican presidential candidate, is the controlling shareholder in a wholesaler that sells $300m of Anheuser products a year.

Higher prices due from Anheuser-Busch

“There's nothing they are offering that we can't do ourselves,” the unidentified source said. “They're trying to push people into a corner.”

Beer giant trimming jobs

Anheuser-Busch Cos. on Friday detailed its plan to make the company more valuable than the $65 per share offer it rejected from InBev, in part by job cuts that would help it trim $1 billion in costs by 2010.

Anheuser-Busch plan unlikely to please investors

Newspapers reported on Wednesday that Anheuser would launch a defense plan that could raise its own cost-saving targets, sell nonessential assets and issue a special dividend.

InBev sues to clear the way to bump A-B's board

In response to reports that Anheuser-Busch Cos. Inc.'s board of directors is prepared to reject InBev's $46.3 billion unsolicited takeover offer, the Belgian brewer said Thursday it filed suit in Delaware Chancery Court, asking the court to confirm A-B's shareholders can remove without cause all 13 members of the A-B board.

Bud brewer to shun $48b offer

A takeover of the St Louis-based brewer would be the second-biggest purchase of a consumer company in history and put InBev's Stella Artois and Beck's together with Budweiser.

Unions offer grim reports on InBev

Union leaders representing InBev workers in Brazil, Canada and Europe have a simple message for Anheuser-Busch employees if InBev takes control of the St. Louis-based brewery: Watch out.

Andrew D. Busch speaks

As a non-employee member of the Busch family, I support Anheuser-Busch in efforts to remain a strong company headquartered in St. Louis, where it was born and has prospered for more than 130 years.

Grupo Modelo CEO resigns from Anheuser-Busch board

The resignation of Carlos Fernandez, president and chief executive of Grupo Modelo SAB, was announced Friday — the same day the Anheuser-Busch board met in St. Louis to consider InBev's $65 a share offer for the nation's largest brewer.

Anheuser-Busch Responds to InBev Second Letter

Based in St. Louis, Anheuser-Busch is the leading American brewer, holding a 48.5 percent share of U.S. beer sales. The company brews the world's largest-selling beers, Budweiser and Bud Light. Anheuser-Busch also owns a 50 percent share in Grupo Modelo, Mexico's leading brewer, and a 27 percent share in China brewer Tsingtao, whose namesake beer brand is the country's best-selling premium beer. Anheuser-Busch ranked No. 1 among beverage companies in FORTUNE Magazine's Most Admired U.S. and Global Companies lists in 2008. Anheuser-Busch is one of the largest theme park operators in the United States, is a major manufacturer of aluminum cans and one of the world's largest recyclers of aluminum cans. For more information, visit http://www.anheuser-busch.com.

Anheuser-Busch board member resigns

Anheuser-Busch Cos. Inc. said Friday Carlos Fernandez G., chairman and chief executive of Mexican brewer group Grupo Modelo S.A.B. de C.V., resigned from the Budweiser brewer's board of directors.

Berkshire May Get $600 Million on Anheuser-Busch Takeover

Buffett's company owned 35.56 million shares of the brewer as of March 31.

Buffett seen as key player

Mathematically, Buffett can't block a sale if other stockholders favor InBev's $65-a-share offer, even when combined with the 4.5 percent stake held by A-B's directors and executive officers. But his supersized influence on Wall Street, a product of decades of savvy stock picking and a cult following, makes him a pivotal figure who potentially could derail or bless InBev's takeover attempt.

Lawmakers vow to fight InBev-Anheuser deal

Some U.S. lawmakers ramped up their effort to thwart Belgian brewer InBev's $46.3 billion offer for Anheuser-Busch Cos, saying on Wednesday that it would lead to U.S. job losses and destroy an American icon. After meeting with InBev's chief executive, Sen. Christopher Bond, a Republican, issued a statement saying, "My Missouri constituents say, 'This Bud's not for you'."

Cates leads shareholder suit against Anheuser-Busch

New Jersey Carpenters Annuity and Pension Funds claims A-B's board of directors are putting personal interests ahead of shareholder interests by failing to consider a proposed acquisition by the world's second largest brewer InBev for $65 per share. The deal is reportedly worth $46.3 billion.

Anheuser board to discuss its options on InBev bid

Anheuser-Busch's board plans to meet face-to-face this week for the first time since rival brewer InBev formally made its $46bn bid to buy the company, say insiders.

InBev enlists lobbying force to make its case in DC

Before the Belgian beer executive landed in Washington this week, his company hired a phalanx of lobbyists and public relations consultants to help him navigate the potential political minefield.