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July 14, 2008

InBev Negotiates to Buy Anheuser-Busch

Early Monday, Anheuser-Busch agreed to a $52 billion buyout by Belgian brewer InBev.  When reporters called me about the case and asked for predictions they were always a bit disappointed by my view that the buyout would go through at a higher price that the $65 offer -- they wanted a fight and a prediction on who would win the fight. The only problem left are some of the ridiculous allegations in the Anheuser-Busch lawsuit against InBev that could get the attention of regulators -- I'm sure the lawyers for Anheuser-Busch were proud of themselves (too proud) over their "Cuba connection" allegation that they claimed would make the acquisition illegal.  The lesson -- sellers better learn to control the zeal of their lawyers in these lawsuits.

July 14, 2008 | Permalink

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