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Say it ain't so, Gussie

Discussion in 'Anything goes' started by Batman, May 28, 2008.

  1. Birdscribe

    Birdscribe Active Member

    $70 a share?

    Looks like I sold my AB stock a bit early. :mad:
     
  2. three_bags_full

    three_bags_full Well-Known Member

    :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'( :'(
     
  3. Baron Scicluna

    Baron Scicluna Well-Known Member

    Belgianwaffle.com Stadium?
     
  4. Armchair_QB

    Armchair_QB Well-Known Member

    HGH Stadium at Stella Artois Field
     
  5. ScribePharisee

    ScribePharisee New Member

    I said on the other thread that having toured the brewery in St. Louie recently I was really proud of American business. This being one of the last, finest, American-built businesses that were still in American hands. Those people could sell out that principle? So this is sad. May everything tied to the Busches, including the St. Louis Cardinals, rot in hell now.
     
  6. expendable

    expendable Well-Known Member

    This sucks. Sad, sad day.
     
  7. Birdscribe

    Birdscribe Active Member

    Heard on CNBC driving in this morning that A-B is only worth $56 a share. So to make this deal make financial sense, InBev has to cut $1.5 billion in costs. After all, it wants this deal to make money by 2010.

    Much of the cost-cutting will take place in China, where there's overlap. But there's going to be some serious carnage in St. Louis.

    Yes, expendable, this does suck. And Armchair, Stella is one of the most disgusting excuses for beer ever created. Only three beers have ever triggered my gag-reflex and Stella is one of the three.
     
  8. dixiehack

    dixiehack Well-Known Member

    Article I saw said that the Busch's were down to something like a 4.5% ownership stake. Warren Buffett controlled more shares than they did.

    For the life of me, I couldn't tell you how this would break as a Democratic or Republican talking point, but this will touch a raw nerve with a lot of people in America who feel like things are seriously deteriorating.
     
  9. zeke12

    zeke12 Guest

    It will still be horrible beer, even with the Belgians brewing it.
     
  10. Diabeetus

    Diabeetus Active Member

    Bad for my state even if I hate the stuff :(
     
  11. Boomer7

    Boomer7 Active Member

    The only principle involved is capitalism. Sentimentality didn't make Anheuser-Busch a cash cow for so long; the same goes for any American business you might have taken pride in. Why on earth would you expect them to do anything other than what satisfies their bottom line, their shareholders?
     
  12. Armchair_QB

    Armchair_QB Well-Known Member

    Then it's a perfect naming rights choice for a stadium the Cardinals play in.
     
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