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June 18, 2008

Governor Blunt on the Anheuser-Busch Takeover

Missouri Governor Roy Blunt, a vehement opponent of InBev's proposed takeover of Anheuser-Busch, has asked the Federal Trade Commission to review the deal, saying that he is "concerned that this sale would have destabilizing impacts on our nation and state's long-term economic interests."  It is a curious move because InBev has no market share to speak of in the United States.  One could say it is purely political; he looks like he is doing something.  In the spirit of the 80s, I am surprised that he is not asking the Missouri legislature to pass some draconian anti-takeover legislation.

June 18, 2008 | Permalink

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