Monday, July 14, 2008

InBev to purchase Anheuser-Busch for $52B

It looks like Anheuser-Busch (Budweiser) is going to be selling all of it's "assets" to InBev, now the world's largest brewer, for a hefty sum of $52 billion. At $70 a share, Anheuser-Busch shareholders must be pretty happy. Sorry St. Louis, MO....you've still got the Rams & Cardinals!

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