
Will Anheuser Busch merge with or take over InBev by the end of 2008?
No merger took place, and AB did not take over InBev...actually, InBev bought out AB
Background:>
http://www.drinksint.com/articles/56522/Talk-of-merger-between-Anheuser-Busch-and-InBev.aspx?categoryid=9048
Settlement details:
As reported by a major mainstream news source.
Settled
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Yes |
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No |
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Suspend date: Wed 31st Dec 11:59pm PST (4 weeks to go) Settlement date: Tue 18th Nov 5:32pm PSTPrediction cut-off: Predictions on this question after Tue 18th Nov 3:05pm PST have been voided because they were made after the question could be settled
Initial likelihoods: Yes: 60%
Action history:
Settles as "YES"
(market suspended)
http://ap.google.com/article/ALeqM5jK1tY9DhEO2iWNtESnUfSflad7GwD91TAG000
* For questions with regards takeovers an "offer" is defined as public or private offer to buy the target company. Offers of assistance do not count.
* Unless otherwise specified, questions asking whether company X will be acquired (or merge with company Y) by date Z will be settled on completion of the deal, not on announcement.
"This divestiture will ensure that consumers will continue to benefit from the significant competition between the merging companies in upstate New York," Deputy Assistant Attorney General Deborah A. Garza said in a statement.
From Yahoo News
"US: InBev must sell Labatt USA to close Bud deal"
see;
http://news.yahoo.com/s/ap/20081114/ap_on_bi_ge/inbev_anheuser_busch;_ylt=AgHLuNqGmhBCcT1NMe6Be6es0NUE
Suspend date: Wed 31st Dec 11:59pm PST (4 weeks to go) Settlement date: Tue 18th Nov 5:32pm PSTPrediction cut-off: Predictions on this question after Tue 18th Nov 3:05pm PST have been voided because they were made after the question could be settled
more info...
Predictions (39)
39 predictions
Comments (46)
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http://www.marketwatch.com/news/story/anheuser-busch-formally-rejects-inbev-offer/story.aspx?guid=%7BD798170C-97CE-48F8-A78B-EF7CFD2A841C%7D&dist=msr_9
wanna bet?
might be sooner than expected
"Bought" Anheuser-Busch. It's also reported that Mexico brewer would have some say in who the new "owner" of Anheuser would be....emphasis on 'owner'. After weeks
of hostile negotiations and law suites against each other you surely can't believe that this is a mutual 'love affair' amongst 'equals' ie "Merger"...that's not
how big business works.
Questions that arise out of other disputes do not fit into this clause. I don't want the term "spitzer" being misinterpreted to every situation that is difficult to settle.
The rules that apply to this category are as follows:
2.3.4 Business Category
* For questions with regards takeovers an "offer" is defined as public or private offer to buy the target company. Offers of assistance do not count.
* Unless otherwise specified, questions asking whether company X will be acquired (or merge with company Y) by date Z will be settled on completion of the deal, not on announcement.
I have included a link to a news article that might give other clarification: http://www.sun-sentinel.com/business/sfl-flzinbev0712sbjul12,0,306008.story
http://www.bloomberg.com/apps/news?pid=20601087&sid=aaAH9kw73Dr4&refer=home
"YES" or "NO". Anheuser Busch did NOT "merge" AND Anheuser did NOT "take over" InBev. The only answer to either of those 2 situations is 'NO'. The question did
NOT ask if InBev would buy Anheuser (Yes or No). Break the question up if you like.." Will Anheuser Busch merge...." answer NO. "Will Anheuser take over InBev".
.. Answer NO.
http://www.usatoday.com/money/industries/food/2008-07-14-anheuser-inbev-next_N.htm?loc=interstitialskip
Thanks for your concerns.
In my opinion at this time it should be a NO settlement as InBev is in the process of becoming the owners of BUD . . . not BUD taking over InBev...this is not a merger as such
BUT, the deal has not been completed yet....and there's the snag
The management team at InBev takes control, and the Bud-board goes away. That is a takeover, not a merger.
For a more simple example.
I own an old buick. You want it. You purchase it from me for an agreed-upon price, and the title is transferred legally. Is this a merger? or is it a 'buy-out'?
jmho.
FYI
sold
settlement sometime this century?
china could throw a wrench in the deal. DISCLAIMER: i have no money on this.
We all KNOW the merger is going to take place....but now perhaps the question is...WILL IT BE DONE BY THE END OF 2008? And that was part of the original question, not just whether or not it would happen, but would it happen by a certain date. Plus, the merger needs additional approval from Britain and China, and that hasn't come yet.
Perhaps we should reopen this and see if it can be settled, with full approval of the Justice Department by the end of 2008? And not worry about Chinese and British approval....ideas?
Can it be settled now with the current conditioned approval of the Justice Dept.
Do we have to wait for the sale of LaBlatt to settle?
Do we need the approval of China or Britain to settle?
Check this story:
http://news.yahoo.com/s/ap/20081114/ap_on_bi_ge/inbev_anheuser_busch;_ylt=AgHLuNqGmhBCcT1NMe6Be6es0NUE
http://www.orlandosentinel.com/business/orl-inbev-anheuser-busch-111807,0,6231866.story
The newly-named company announced this morning that the European brewing giant InBev has completed the $52 billion buyout of American brewing giant Anheuser-Busch, and is revealing its new name.
Effective today, InBev has changed its name to Anheuser-Busch InBev to reflect the heritage and traditions of Anheuser-Busch. Starting November 20, 2008, the company will trade under the new ticker symbol ABI on the Euronext Brussels stock exchange. Anheuser-Busch has become a wholly owned subsidiary of Anheuser-Busch InBev and will retain its current headquarters in St. Louis, Mo.
http://www.orlandosentinel.com/business/orl-inbev-anheuser-busch-111807,0,6231866.story
Now...still the question!!! The two companies are now one...but, Inbev has bought Anheuser-Busch...not merged...although, it looks like AB will still have some say in how business is conducted, they are not equal partners in this...
One last time....yeas or nays?
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