InBev acquires Anheuser-Bush for $52 billion

Jul 13 2008, 10:05pm CDT | by , in News | Technology News

InBev acquires Anheuser-Bush for $52 billion
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The WSJ reports that Budweiser brewer Anheuser-Bush accepted that latest offer from InBev and agreed to get acquired for $52 billion.

The deal would bring the iconic U.S. Budweiser and German Becks beer under one global company amongst tons of other beer brands. The new name would be "Anheuser-Busch InBev". InBev upped to offer to $70-a-share now, which translates into a $52 billion deal.
Early June InBev made an offer to acquire Anheuser-Bush at $42 billion.
More details on the WSJ.

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