We noted yesterday that InBev officially announced its attempt to oust the entire Anheuser Busch board, but the dynastic politics of the St. Louis brewer always add a bit of color to the blandest corporate proceedings.
One interesting twist is that InBev nominated Adolphus Busch IV, uncle to August IV. While the Buschs’ entire holdings are less than 5% of the company, meaning that Adolphus isn’t going to swing the deal by himself, we appreciate a good family drama, preferably about uncles turning on their own dynasty.
Adolphus was the author of an earlier letter to the Anheuser-Busch board that pleaded with directors to accept, or at least consider, InBev’s offer. He stated that this was the only way that “Budweiser will once again be truly the ‘King of Beers.’” We like the melodramatic flourish at the end, but we would have begun the letter somewhat differently: “Now is the winter of our discontent, Made glorious summer by this sun of Bud.”
-senior royal family correspondent Andrew
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Good stuff Andrew.
http://money.cnn.com/2008/07/07/news/companies/The_man_who_lost_6B_mclean.fortune/index.htm?postversion=2008070809
There’s a shout out to Dealbreaker in the article
andrew theres no room for shakespeare at db. if you cant make up a quote to attribute to someone, i dont know, just seems like youre not trying
E tu BudLight?
-BeckyBootFan
10:37, Fortune make it sound like they got a big scoop getting BH to talk to them, when really, the article reads like they just rewrote what Alberta Venture published last year:
http://www.albertaventure.com/abventure_4703.html?doc_id=9829
2011
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