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It's a bad deal is it?

Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid (arvid.hallen at gmail.com) on Sat Oct 11th, 2008 at 05:49:45 PM EST
[ Parent ]
No, it's probably a good deal for shareholders.  

But a bad deal for the community. Anheuser-Busch is very philanthropic and does a lot for the city.  Everyone expects that well to dry up once they are owned by the Belgians.  And despite assurances that they'll maintain North American headquarters here - no one really believes them.  Or thinks that it will matter in the long run.

So the locals are all excited by the prospect that the financial crisis could "save" AB, as they put it. It's a $58 billion deal.  InBev has to borrow $40 billion.  

I have a hard time believing that their financing sources will back out even in this economy.

by Maryb2004 on Sat Oct 11th, 2008 at 06:09:06 PM EST
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