Beverages - Brewers Industry
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The Beverages - Brewers Industry's Anheuser-Busch (BUD) was InvestorGuide.com's Stock of the Day on 9/29/2008.
Will the King of Beers Accept Being Bought?
With all of the hubbub going on with regard to a federal bailout and $700 billion dollars on the line to save US banks, large deals between companies have not been receiving as much publicity as they normally would. One such deal was announced just this morning when shareholders of InBev, a Belgium brewery that has been around since 1366, have agreed to acquire Anheuser-Busch, the largest domestic brewer. With 48% of the US market share safely tucked away in their pockets, plus an arm reaching out into the world of energy drinks, will the King of Beers become just another drink or remain alpha male?Read more
Click here to see the complete Stock of the Day archives!
Will the King of Beers Accept Being Bought?
With all of the hubbub going on with regard to a federal bailout and $700 billion dollars on the line to save US banks, large deals between companies have not been receiving as much publicity as they normally would. One such deal was announced just this morning when shareholders of InBev, a Belgium brewery that has been around since 1366, have agreed to acquire Anheuser-Busch, the largest domestic brewer. With 48% of the US market share safely tucked away in their pockets, plus an arm reaching out into the world of energy drinks, will the King of Beers become just another drink or remain alpha male?Read more
Click here to see the complete Stock of the Day archives!
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March 18, 1850:
American Express is founded.
American Express is founded.
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