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===Acquisition by InBev=== On June 12, 2008, Belgian-Brazilian brewing company [[InBev]] announced that it had made a US$46 billion offer for the company,<ref>[http://www.globalbeerleader.com/home.php InBev Proposes Combination with Anheuser-Busch] {{Webarchive|url=https://web.archive.org/web/20120702071656/http://www.globalbeerleader.com/home.php |date=July 2, 2012}}. [[Press release]]. ''InBev''</ref> which if it was accepted would join two of the world's four largest brewing companies (based on revenue) and create a company brewing three of the highest-grossing beers in the world, namely [[Bud Light]], Budweiser, and [[Skol]]. InBev also stated that the merger would not result in any U.S. brewery closures and they would attempt to retain management and board members from both companies.<ref>{{cite news |url=https://www.nytimes.com/reuters/business/business-inbev.html |title=InBev: U.S. Anheuser Breweries to Stay After Merger |agency=Reuters |work=The New York Times |date=June 20, 2008 |access-date=June 20, 2008}} {{Dead link|date=August 2010|bot=RjwilmsiBot}}</ref> On June 25, 2008, Anheuser-Busch officially announced that they would reject InBev's offer and provide a restructuring of the company to maintain shareholders and United States World Headquarters in St. Louis.<ref>{{cite news |url=http://business.timesonline.co.uk/tol/business/industry_sectors/consumer_goods/article4215711.ece |title=Anheuser-Busch set to snub InBev and propose own revamp |newspaper=The Times |date=June 25, 2008 |access-date=June 25, 2008 |location=London |first=Suzy |last=Jagger |archive-date=June 12, 2011 |archive-url=https://web.archive.org/web/20110612055721/http://business.timesonline.co.uk/tol/business/industry_sectors/consumer_goods/article4215711.ece |url-status=dead}}</ref> On July 1, 2008, InBev urged Anheuser-Busch shareholders to vote in favor of the buyout as InBev felt the offer of $65 per share should be considered a reasonable offer in view of the falling stock market. The company had previously filed suit in [[Delaware]], after the rejection of their offer, to ensure that the stockholders could oust Anheuser-Busch's 13 board members.<ref>{{cite news |url=https://www.nbcnews.com/id/wbna25472139 |title=InBev pitches buyout bid to Bud shareholders |agency=Associated Press |work=NBC News |date=July 1, 2008 |access-date=July 1, 2008 |archive-date=December 17, 2014 |archive-url=https://web.archive.org/web/20141217003149/http://www.nbcnews.com/id/25472139/ |url-status=live}}</ref> On July 7, 2008, Anheuser-Busch filed a lawsuit against InBev to stop them from soliciting the support of shareholders, stating that the company's offer is an illegal scheme. InBev was also accused of concealing that they do business in [[Cuba]], which might have created additional obstacles to their efforts to operate in the United States.<ref>{{cite news |url=http://www.businessweek.com/ap/financialnews/D91PU0BO2.htm |title=Anheuser-Busch calls InBev takeover bid illegal |agency=Associated Press |work=Business Week |date=July 8, 2008 |access-date=July 9, 2008 |url-status=dead |archive-url=https://web.archive.org/web/20110112185753/http://www.businessweek.com/ap/financialnews/D91PU0BO2.htm |archive-date=January 12, 2011}}</ref> On July 13, 2008, Anheuser-Busch and InBev said they had agreed to a deal, pending shareholder and regulatory approval,<ref>{{cite news |url=http://www.nydailynews.com/news/us_world/2008/07/13/2008-07-13_anheuserbusch_belgian_firm_inbev_are_bre.html |title=Anheuser-Busch, Brazilian Belgian firm InBev are brewin' up a merger |agency=Associated Press |newspaper=New York Daily News |date=July 13, 2008 |access-date=July 14, 2008 |archive-date=October 12, 2008 |archive-url=https://web.archive.org/web/20081012165627/http://www.nydailynews.com/news/us_world/2008/07/13/2008-07-13_anheuserbusch_belgian_firm_inbev_are_bre.html |url-status=live}}</ref> for InBev to purchase the American icon at $70 per share, creating a new company to be named Anheuser-Busch InBev. Anheuser-Busch would get two seats on the combined board of directors. The all-cash agreement, almost $52 billion in total equity, created the world's largest brewer, uniting the maker of Budweiser and Michelob with the producer of [[Beck's]], [[Stella Artois]], [[Hoegaarden Brewery|Hoegaarden]], [[Leffe]], [[Bass (beer)|Bass]], [[Labatt]] and [[Brahma (beer)|Brahma]]. The two companies had combined yearly sales of more than $36.4 billion, surpassing the current No. 1 brewer, London-based [[SABMiller]].<ref>De la Merced, Michael J. [https://www.nytimes.com/2008/07/14/business/worldbusiness/14beer.html?ref=europe nytimes.com, "Anheuser-Busch Agrees to Be Sold to InBev"] {{Webarchive|url=https://web.archive.org/web/20170301193455/http://www.nytimes.com/2008/07/14/business/worldbusiness/14beer.html?ref=europe |date=March 1, 2017}}, ''The New York Times''. July 14, 2008.</ref><ref>Spain, William; Goldstein, Steve. [http://www.marketwatch.com/news/story/anheuser-busch-accepts-70-share-52-billion/story.aspx?guid=%7B02125469-49F4-4C21-824D-01EB0623A817%7D&dist=hplatest "Anheuser-Busch accepts $52 billion InBev offer"] {{Webarchive|url=https://web.archive.org/web/20080803162812/http://www.marketwatch.com/news/story/anheuser-busch-accepts-70-share-52-billion/story.aspx?guid=%7B02125469-49F4-4C21-824D-01EB0623A817%7D&dist=hplatest |date=August 3, 2008}}, ''MarketWatch''. July 14, 2008.</ref> Grupo Modelo took InBev to arbitration for more than a year and a half after the deal was completed, attempting to block the deal. On October 7, 2009, parent company Anheuser-Busch InBev announced plans to sell the theme parks division to The Blackstone Group for up to {{USD|2.7 billion}}.<ref>[http://www.marketwatch.com/story/blackstone-buys-a-b-inbevs-theme-parks-for-27b-2009-10-07 Blackstone to buy A-B InBev's theme parks for $2.7 billion] {{Webarchive|url=https://web.archive.org/web/20180915094804/https://www.marketwatch.com/story/blackstone-buys-a-b-inbevs-theme-parks-for-27b-2009-10-07 |date=September 15, 2018}}. MarketWatch, October 7, 2009</ref> In July 2010, a panel decided that the takeover did not violate Anheuser-Busch's agreement with Modelo.<ref>p. 338 ''Dethroning the King, The Hostile Takeover of AnHeuser-Busch, An American Icon'' β [[Julie MacIntosh]]</ref>
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