InBev acquires Anheuser-Bush for $52 billion

Jul 13 2008, 10:05pm CDT | by Luigi Lugmayr

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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Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.