Anheuser-Busch rejects InBev bid as 'inadequate'

Tap Room is the bar/pub associated with Schlafly's brewery.

It's at around Locust and 21st.

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"There ain't no devil, there's just God when he's drunk." - Tom Waits

ahh..

Anheuser Busch has eight corporate jets. That's a whole lot. They aren't being cut back.

DealZone Blog Archive A tale of jet-setting and cost cutting | Blogs | Reuters.com

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oh GOD NO! NOT JETS! ANYTHING BUT FUCKING JETS!

they also have a whole bunch of horses, crazy bastards. do they think theyre farmers or something?

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sealybobo thinks im a racist right winger. RGS thinks im a braindead liberal. I wonder which one I am?

the best view is from the middle

“Those who are too smart to engage in politics are punished by being governed by those who are dumber.” Plato

“Politics is the gentle art of getting votes from the poor and campaign funds from the rich by promising to protect each from the other” Oscar Ameringer

"I believe there are more instances of the abridgement of freedom of the people by gradual and silent encroachments by those in power than by violent and sudden usurpations. ... The means of defense against foreign danger historically have become the instruments of tyranny at home." James Madison

You miss the point.

The company is run for the benefit of insiders and management, not for shareholders, the owners of the firm. Having that many planes is another example of the prolifigacy of management, why the stock price is where it is, and why other brewers think the company is cheap because it isn't managed well.

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Im not missing the point at all. You are trying to nitpick some validity for your greed by pointing out what you'd call an extravagance.


In its annual statement to shareholders in March, Anheuser disclosed it pays Ginnaire Rental, a company owned by August Busch III, August IV’s father, $407,611 in 2007 to lease aircraft.


Are you going to sit there and tell me that you are an expert on global economics while pretending that 400K is a reason for any particular stock price? Dude, nixing the fucking jets WONT INCREASE THE VALUE OF THE STOCK ONE RED CENT.

seriously the whole microbrew deal is just another example of marketing...appealing to a crowd who will buy the notion that busch lite stinks...just another marketing triumph...

back to the history beer...of course the current microbeers were actually what was served in this country prior to the arrival of the germans in the 1800's who brought with them their pilsner lagers...and guess what? It wasn't marketing that got folks to switch...it was flavor (well that and refrigeration, and bottling technology..)

anyway it's hardly just a matter of how difficult it is to brew the beer...the beauty of the pilsner is the purity of flavor...most micro brews are stuffed full of hops...just like the dufus in the sam adams commericial suggests (& btw sam adams is a contract brewery...meaning all their beer is actually brewed by the big breweries when they aren't busy) point being that all those hops cover up the subtle malt flavors us real discrening beer lovers enjoy...

but hey keep thinking you guys are real beer snobs...more busch lite fo me.

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p.s. shogun wtf was that link to miller stock prices supposed to mean?

thanks,

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I was showing that consumers on the warpath do, in fact, make an impact despite Toro's assumption that BW drinkers are zombies who will follow AB like a moth to light regardless of inbev's vampire business practices.



You should keep making the hoegaarden clone so I don't even have to buy another inbev product. That shit was good.

ok, cause it could also show that my fellow real beer snobs just like to drink good beer...

but then again i thought Gunny's original point that mericans will in fact buy crappy products simply to avoid jap or european stuff i.e. Ford over toyota is fairly accurate.

p.s. yeah, i'm planning a wheat for this weekend and plan to throw some coriander n bitter orange alla hoe style in the brew. i guess i owe ya some too...

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I am not an expert on global economics. I'm an expert on investments. And once again, you completely miss the point.

This is another example of self-serving management that is more interested in serving themselves than shareholders. The corporate planes are symbolic of this. If the board had priorities set towards shareholders, they wouldn't have appointed a sixth generation member of the Busch family to run the company! The executives want eight jets, hey no problem, rubber stamp 'em. What do we care? Its only shareholders money! Now, with the stock doing nothing while the market rose 70%, they are prey. Big surprise.

As is a company leasing jets from an owner whose family has run the company for generations. That is self-dealing. It is perfectly legal but the board is supposed to be independent and get the best deal for shareholders. Corporate governance experts almost always condemn such self-dealing. Certainly you cannot believe that the best possible deal the company could get was to lease planes from the family that just so happens to control the company with 4% of the stock!

Besides, I thought you were Mr. Defender of the Working Man. Suddenly, to save their skins, management is proposing to axe 1000 people. Yet, they keep more jets than companies need for themselves. Sacrifice is not for them. God forbid if they have only two planes on the tarmac at Lambert airport instead of four.

We're voting our shares for InBev, unless someone wants to pay us more.

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lol

InBev's "vampire business practices." Offering more than the shares have ever been worth is "vampire business practices." That's a good one.

Such xenophobia.

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Union pension funds support InBev

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GENERATIONS? it's only called Anheuser BUSCH. Are you thins critical of Firestones and Hiltons too? For christs fucking sake IT IS HIS FAMILY FUCKING BUSINESS. So what. Surprise surprise, the Busch family is still around. SHAREHOLDERS money? Give me a fucking break. the world of business doesn't stop and start on the whim of a fucking stock holder.

And yes, in case you haven't figured it out yet it's the WORKING MAN who detests this inbev bullshit. Again, the local support DESPITE possible lay offs should tell you a thing or two about popular reaction. You know, opinions outside of your little focus group.

Your opinion of the lifestyles of Busch and co means two things: jack and shit. go ahead and make your vote. I hope you get the shit taxed out of your dividends.