The End of an Era

Beer Business DailyJuly 14, 2008The End of an EraIt's official. Just before the bell struck midnight St. Louis time on Sunday night, Anheuser-Busch and InBev sent out a press release confirming that A-B has sold to InBev for $70 a share or $52 billion. The new company, as reported earlier, will be called Anheuser-Busch InBev (ABI). The joint release calls the deal "industry-transforming" and reports that 40% of the combined company's revenues will now be generated in the U.S. The