164818, RE: THE STIMULUS
Posted by Paul D, Thu Feb-05-09 08:43 PM
So what? BHP-Billiton has an office in the USA too. That doesn't make it American-owned.
http://en.wikipedia.org/wiki/Anheuser-Busch
Acquisition by InBev
Main article: Anheuser-Busch InBev
On June 12, 2008, Brazilian - Belgian brewing company InBev announced that it had agreed to a US$46 billion offer for the company. If this had been successful, it would have joined two of the world's four largest brewing companies (based on revenue) and create a company that brews three of the top beers in the world, namely Bud Light, Budweiser, and Skol. InBev also stated that the merger would not result in any U.S. brewery closures and they would also attempt to keep on management and board members from both companies. On June 25, 2008, Anheuser-Busch officially announced that they would reject InBev's offer and provide a restructuring of company to maintain shareholders and United States World Headquarters in St. Louis. On July 1, 2008, InBev urged Anheuser-Busch shareholders to vote in favor of the buyout as InBev felt the offer of $65 per share should be considered a reasonable offer in view of the falling stock market. The company had previously filed suit in Delaware, after the rejection of their offer, to ensure that the stockholders could oust Anheuser-Busch's 13 board members. On July 7, 2008, Anheuser-Busch filed a lawsuit against InBev to stop them from soliciting support of shareholders, stating that the company's offer is an illegal scheme. InBev is also accused of concealing that they do business in Cuba, which might have created additional obstacles to their efforts to operate in the United States.
On July 13, 2008, Anheuser-Busch and InBev said they have agreed to a deal, pending shareholder and regulatory approval, for InBev to purchase the American icon at $70 per share, creating a new company to be named Anheuser-Busch InBev. Anheuser-Busch would get two seats on the combined board of directors. The all-cash agreement, almost $52 billion in total equity, would create the world’s largest brewer, uniting the maker of Budweiser and Michelob with the producer of Stella Artois, Hoegaarden, Leffe and Beck's, Bass, Labatt and Brahma. The two companies would have yearly sales of more than $36.4 billion, surpassing the current No. 1 brewer, London-based SABMiller. On November 18, 2008 the acquisition was completed and the company is now known as Anheuser-Busch Inbev.
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