Anheuser-Bush was bought by InBev, a European company with brewing interests. A-B has been profitable. I don't know why it was sold other than the A-B BoD agreeing with top mgt to sell. But now the other shoe has fallen. Merry Christmas.
InBev wants to cut 1200-1400 jobs now, most in St Louis and most by the end of this year. I presume this is to (1) help pay for the purchase and/or (2) to increase even further their income. Standard, expected big corporate decision.
http://www.marketwatch.com/news/stor...%7D&dist=msr_1
But, hey, it's OK if a big company makes some money on the deal.





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