Thursday, June 5, 2008

Anheuser Busch being bought out by the Belgians? ... d=91143039

Anheuser-Busch Takeover Talk Shakes St. Louis
by Matt Sepic
Morning Edition, June 4, 2008

People inside Anheuser-Busch say a takeover of the St. Louis brewer by Belgium's InBev is possible -- though the company has not commented on a possible deal. Talk of the company's takeover has people in St. Louis on edge. The brewer is part of the city's identity, and not just as a major employer.

When word got out that InBev was interested in Anheuser-Busch, the nail-biting commenced. Layoffs are certainly a big concern. But the company's 6,000 local employees aren't the only ones who are worried about what foreign ownership might bring.

Anheuser-Busch is not the largest employer in St. Louis, but most visitors would be forgiven for thinking so. The name is everywhere: the law school building at Washington University, the August A. Busch Conservation Area, and of course the famous ballpark, now in its third incarnation.

Even though I don't care for their products, it almost seems wrong for such an American institution to be owned by a foreign company. Thoughts?


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