An investment blog written by Chad Brand, President of Peridot Capital Management

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Bid For Anheuser-Busch Really Hits Home

Posted on June 12, 2008

After being born and raised in Baltimore, I traveled out to St. Louis for college and subsequently spent a decade there. The long rumored InBev hostile merger offer for American icon Anheuser-Busch (BUD) came true on Wednesday, as the maker of Budweiser confirmed they had received an unsolicited $65 cash bid.InBev has a reputation for buying up competitors and slashing costs (read: jobs) to boost efficiencies, profit margins, and as a result, its stock price. As a result, news of this bid really hits home and comes with very mixed emotions. My company owns shares of BUD for some of its clients...

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