:. Food Industry News

Categories: Mergers and Acquisitions

Obama Says 'Shame' if Anheuser-Busch Sold to InBev

Source: Reuters
08/07/2008

St. Louis, July 7 - Democratic presidential candidate Barack Obama said on Monday it would be "a shame" if iconic American brewer Anheuser-Busch was acquired by Belgium's InBev.

Daily News Alerts

Obama, speaking at a news conference in the city where Anheuser-Busch is headquartered, said no U.S. law could prevent shareholders from agreeing to sell the company to InBev. The American brewer is known for its Budweiser brand.

"I do think it would be a shame if Bud is foreign-owned," Obama said. "I think we should be able to find an American company that is interested in purchasing Anheuser Busch if in fact Anheuser Busch feels that it's necessary to sell."



GO   View more articles on this subject


More Alerts from 08/07/2008


Email This Article To A Colleague     Print A Copy Of This Page
 
 
 
 
FLEXNEWS - Business News for the Food Industry

About Us | Contact Us | Terms & Conditions | Privacy Policy
 
Daily News Alerts
Related Items
InBev Announces Successful Completion of Primary Syndication...
InBev Gets U.S. Request for More Data on Anheuser Deal
InBev Expects Banks to Sign into Loan Next Week
InBev's $45 Bln Jumbo Loan Gathers Support
Mexico's Modelo Reserves Rights in Anheuser Bid
Anheuser/InBev Has $1.25 Bln Breakup Fee - Filing
InBev Played Smart to Win Defenseless Anheuser
Mexico's Modelo Should Warm to New Partner InBev
Obama Disappointed in Anheuser-Busch Sale
InBev and Anheuser-Busch Agree to Combine, Creating...

More in Food Industry News
India Allows Immediate Exports of Premium Rice Grade
China: Huifeng Bio-Pharmaceutical Enters into Letter...
USA: Wright Unaffected by Hurricane Gustav
USA: Tracking and Taming a Tomato Virus
Morrison to Top UK Grocery Growth League
Canada: Various Cheese Products Produced by Ivanhoe...
Singapore's Trump Dragon Falls 3.2 pct on Debut
Renovo Holdings Changes Name to Bebida Beverage Company
Turkey: Ülker Sees 18% Sales Growth This Year...
BENEO-Orafti to Increase Prices by 25% for Orafti Products...

Top Headlines
India Allows Immediate Exports of Premium Rice Grade
China: Huifeng Bio-Pharmaceutical Enters into Letter...
USA: Wright Unaffected by Hurricane Gustav
Morrison to Top UK Grocery Growth League
Turkey: Ülker Sees 18% Sales Growth This Year...
BENEO-Orafti to Increase Prices by 25% for Orafti Products...
Martek Announces Third Quarter 2008 Financial Results
India Guar Futures Lower on Higher Acreage
Ghana to Open Main Cocoa Crop Early - Officials
Major Croat Retailers Cut Prices After PM's Attack
Spain: SOS Cuetara May Sell Biscuit Unit and Regional...
SunOpta Announces Strategic Review Process, Company...
Bisphenol A Linked to Metabolic Syndrome in Humans
WTO Rules Largely Against Mexico in Olive Oil Fight
Former Zuka and Jamba Juice Exec Launches Roxberry...
Kellogg Stands by 2008 Earnings Forecast
AarhusKarlshamn Acquires Rapsona AB
Nestle to Transfer Bucharest Ice Cream Production to...
Wal-Mart Leads Better Sales for US Discount Retailers
China: Vitamin C Exports Grow 17.3% in H1 2008
The Pepsi Bottling Group Confirms Third Quarter and...
Dean Foods' Tennessee Subsidiary Mayfield to Cut 100...
Salt Replacing Composition, Process for Its Preparation...
Low Trans Fatty Acid Shortening Compositions
Unsubstituted and Polymeric Leuco Colorants for Coloring...


 


FLEXNEWS 2008 - All rights reserved
ISSN 1950-6228