Sunday, July 13, 2008

Going once . . . going twice . . .

Sold.

In case you're not the link-followin' type, Anheuser-Busch has been sold to InBev for $49.9B. That's $70/share.

I don't really know what to say about this. It's the nature of the market that such things happen. Still, it would have been nice for the area had ownership been maintained here.

Still, so long as the products remain the same (or improve) and jobs aren't slashed in the region, I guess I have nothing real to complain about.

Here's to you, Mr. Foreign-Conglomerate Guy.

2 comments:

Anonymous said...

You are always wrong about everything, hal.

Hal said...

Um, thanks . . . claw? That's some really helpful commentary right there.