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| Is this the end of an American dynasty? |
| Yes |
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80% |
[ 8 ] |
| No |
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20% |
[ 2 ] |
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| Total Votes : 10 |
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mindmetoo
Joined: 02 Feb 2004
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 Posted: Mon Jul 14, 2008 5:23 pm Post subject: |
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| Ya-ta Boy wrote: |
| I don't really care who owns what. When I see stories of one giant successful company buying up another giant successful company to no real purpose, I just wonder why that money couldn't be spent on investing in some innovative company doing R & D in some new field. |
I would argue some of the people who get rich selling their shares will do just that. |
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Ya-ta Boy
Joined: 16 Jan 2003
Location: Established in 1994
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| Posted: Mon Jul 14, 2008 9:06 pm Post subject: |
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| No doubt they will. I just see $75 billion and wonder how it could be more directly targeted to doing something more useful. Ummm, maybe the feeling I'm trying to get my finger on is 'missed opportunity'. |
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agentX
Joined: 12 Oct 2007
Location: Jeolla province
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| Posted: Tue Jul 15, 2008 5:51 am Post subject: |
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| McCain's wife, whose family owns a Budweiser distribution company, is set to make some serious dough off of this deal, to the tune of 17 million. Under normal circumstances, this wouldn't matter. But when a presidential candidate stands to gain financially off the sale of an American firm to a foreign firm, then questions are going to be asked. A candidate as embedded with lobbyists as his campaign is can ill afford to be seen as 'selling out' American interests, such as beer, to foreigners. |
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mindmetoo
Joined: 02 Feb 2004
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| Posted: Tue Jul 15, 2008 6:10 am Post subject: |
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| Ya-ta Boy wrote: |
| No doubt they will. I just see $75 billion and wonder how it could be more directly targeted to doing something more useful. Ummm, maybe the feeling I'm trying to get my finger on is 'missed opportunity'. |
What's wrong with $75 billion making the bud company a more productive company? |
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Pluto
Joined: 19 Dec 2006
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| Posted: Tue Jul 15, 2008 7:39 am Post subject: |
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| Ya-ta Boy wrote: |
| I don't really care who owns what. When I see stories of one giant successful company buying up another giant successful company to no real purpose, I just wonder why that money couldn't be spent on investing in some innovative company doing R & D in some new field. |
InBev thought that buying Anheuser-Busch was a project well worth taking. InBev thought it could provide higher shareholder value than the current management at A-B. Should InBev be right, they will add more value and wealth to Anheuser-Busch which means cheaper beer, more employment and a larger economic pie. Everyone wins, provided InBev's risk was worth taking. |
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Kikomom
Joined: 24 Jun 2008
Location: them thar hills--Penna, USA--Zippy is my kid, the teacher in ROK. You can call me Kiko
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mindmetoo
Joined: 02 Feb 2004
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| Posted: Wed Jul 16, 2008 1:50 pm Post subject: |
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| Pluto wrote: |
| Ya-ta Boy wrote: |
| I don't really care who owns what. When I see stories of one giant successful company buying up another giant successful company to no real purpose, I just wonder why that money couldn't be spent on investing in some innovative company doing R & D in some new field. |
InBev thought that buying Anheuser-Busch was a project well worth taking. InBev thought it could provide higher shareholder value than the current management at A-B. Should InBev be right, they will add more value and wealth to Anheuser-Busch which means cheaper beer, more employment and a larger economic pie. Everyone wins, provided InBev's risk was worth taking. |
And if they fail, lots of americans who sold their stock still have their profits and half a dozen smaller breweries will add staff to make up the slack.
Here here. |
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