Anheuser-Busch (BUD): As InBev Closes In, Americans Boycott Budweiser

Anheuser-Busch (BUD): As InBev Closes In, Americans Boycott Budweiser (BUD)

Corey Lorinsky | Jul 12, 08 1:16 PM

bud bottle.jpg Anheuser-Busch's (BUD) stock closed up over $5 at $66.50 on Friday and is trading at $67.00 after-hours. This price suggests the market is nearly certain that InBev will buy BUD at the rumored $70/share, and it may even incorporate the expectation of an additional price increase: given the political scrutiny this deal will receive, a 5% gap between the trading price and deal price is small.

In other news, InBev's potential purchase of BUD is reverberating through St. Louis and the country...and folks aren't happy about it:

Jordan Moore took the news that his beloved Budweiser could soon fall into foreign hands very personally: He decided he would scrap his plan to get the logo of the King of Beers tattooed on his right rib cage.

"I'll tell you one thing," said the 21-year-old concrete worker during his lunch break at The Brick of St. Louis bar, in the shadow of this city's storied Anheuser-Busch Cos. brewery, "if Budweiser is made by a different country, I don't drink Budweiser anymore. I'll go back to Wild Turkey." (Wild Turkey, a Kentucky bourbon, is owned by French drinks giant Pernod Ricard SA.)

18 Comments ( Page 1 of 1 )

anon said:

Jul. 12, 5:37 PM

brilliant.

Larry-the-cable-guy said:

Jul. 13, 1:42 AM

Told ya. We ain't gonna drink Bud no more.

Raludom said:

Jul. 14, 12:24 AM

I will never drink Bud or Bud lite or any phuck'n Anheuser-Busch product again-GD this is treason

raludom@aol.com

Former American said:

Jul. 14, 3:48 PM

A service economy never thrives and ultimately will FAIL. Often when that happens, the country and/or government also fails. America has been moving toward this since the decline in industrialization, opting to instead have others do the ‘dirty’ and ‘hard’ work of manufacturing. Kudos to A-B for continuing the trend!! Time for a change anyway, right? After all it has been 230+ years. As many have stated, ‘Nothing is made in America anymore’… Don’t worry – there soon will be NO America. My advice: Learn a new language – You’ll need it. Deutschland für immer!

Rogman said:

Jul. 14, 7:01 PM

InBev can kiss my American A$$! and the stock holders can choke on their greed too. I hope A-B-I goes the way of New Coke, not to return.

Barbara said:

Jul. 14, 9:26 PM

I can't believe A.B. sold out overeas. So now we're going to see Inbev advertisement at our football games, Nascar, etc. Bullcrap. They can ride their Clydesdales back to Brussels. My money's going to Abita Beer, owned and brewed right here in Louisiana. Bye Bye Bud.................

Jeremy said:

Jul. 15, 12:49 AM

This is really a sad event for Anheuser Busch - so much history and tradition down the drain for the mighty dollar. I have always drank Budweiser exclusively, but that changes now. The Busch family should be ashamed - their ancestors are turning in their graves. You can send our beer to Europe - I just won't buy it anymore. The fact of the matter is Inbev is going to cut jobs regardless, so might as well hit them where it hurts. I'll miss you AB.

Chris (URL) said:

Jul. 15, 1:52 AM

I just started a website : http://www.boycottbud.us

For the first time in my life, I am actually worried about where this country is headed... HOW THE HECK DOES AMERICA NOT OWN BUD BEER ANYMORE?????

INSANE!!!!

Brian (URL) said:

Jul. 15, 7:34 PM

I used to be a loyal consumer of AB products, I drank Bud overseas while in the Navy, It was like hoisting the American Flag with every gulp. I damn them every one. Those "Americans" involved in this and who profit from this I damn also. Our country has become for sale to the highest bidder for nothing more than abject greed. Wish our government would do something to stop this, but its the government and too much to expect from that august body...

Gary (URL) said:

Jul. 16, 12:47 AM

You morons that are debating what beer to go to next need to wake up. If you care about this country (and want it to exist much longer) you simply need to find a true American made and owned beer that suits you. There are plenty of choices, so choose one, and then get on to the real issue at hand. The fact that this country is for sale to the highest bidder is what had better be becoming crystal clear to even the dumbest among us.

I've drank a lot of Budweiser over the years. In fact, I'm drinking some that I bought a few days ago as I type. When they are gone, that's it. I'm going to start giving the finger to every Budweiser truck I see. And giving crap to every place that I do business with that continues selling the "Great American Sellout" brands.
You folks better "make some noise" too or else we may all soon awaken as slaves in the very land that our forefathers conquered for us.

Tommy P said:

Jul. 16, 9:10 PM

First Bud in the early 70's in the USMC, last Bud a few days back.

Can't stand the yuppie American beers, maybe I'll try Miller.

Mike Mullen said:

Jul. 21, 1:38 PM

I've Been A Loyal & Dedicated Consumer Of Bud & Bud Light For 25 Years, Even Have The AB Logo Tattooed On My Chest. RIP "The Great AMERICAN Lager". I Am Disgusted By You Sell-out Rat Bastards. Take Your Money, Go Buy An Island & Get The Hell Out Of The Country You Turned Your Back On. I Have Drank My Last Budweiser.

Ryan said:

Jul. 22, 5:00 AM

Not me, nor any of my friends will be buying bud agian. Outrageous

One of those Belgian Waffle guys said:

Jul. 22, 5:49 PM

I'm a Belgian I really don't understand some of you. Since ages Americans have gone around the globe buying national companies and downsizing them stating this is the American way . Now when the opposite happens everybody gets emotional and threatens to boycott Budweiser. Just tell me if you all stop drinking Budweiser who is there to blame if Inbev closes breweries costing American jobs. Luckily we Belgians didn't react so stupidly when Procter & Gamble/Unilever bought all our detergent companies, we would stink even more.

I guess I don't have to explain the principle of irony here.

Adam L said:

Jul. 23, 8:03 PM

I just bought Miller Lite instead it it tastes better than Bud Light and is less filling! Bud shareholders should pay for having treacherous board members sell America's beer OUT.

Vadim (URL) said:

Jul. 24, 11:28 AM

If you're going to boycott Anheuser-Busch (BUD) you should also boycott Bacardi, which is under the product "family" of A-B brands.

There are also other good reasons to do so: http://www.thepoint.com/campaigns/boycott-bacardi-buy-better-booze

Belgian Waffle Guy said:

Jul. 26, 5:53 AM

Hi Guys,

Now that we're taking over your precious sewage water, you might consider adding our country to the horrible AXIS OF EVIL !!!

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA !!!!!!!

bgj1966 said:

Jul. 26, 6:43 PM

I stopped drinking Bud about 20 years ago I drink Coors. Anheuser-Busch (BUD) sold out!!! I won't drink any products from Anheuser-Busch now! America is becoming a thrid world country by selling off everything one piece at a time