To quote Larry Kudlow: Free market capitalism is the best path to prosperity! Matters of business and free enterprise are discussed on this blog. Included are company press releases, 3rd party news articles and videos, articles and videos pertaining to small business, and white collar crime.
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Friday, September 30, 2016
What Can Small Businesses Learn From World's Largest Beer Merger? (Watch)
Anheuser-Busch is in the midst of the largest beer merger in history. The company has been attempting to take over SABMiller, the maker of Miller Lite, for about a year now. And shareholders finally approved an offer this week.
It hasn’t been an easy process, largely due to outside factors. Of course, with a takeover this big there are going to be some anti-trust issues. So the company had to make some concessions to appease governments from both the U.S. and China. In addition, the recent Brexit vote also had an impact. Since the vote changed the value of the pound, Anheuser-Busch had to go in with a higher offer to make up for it.