Anheuser-Busch InBev said Wednesday that it will sell its theme park business -- including the Sea World and Busch Gardens parks nationwide -- to buyout firm Blackstone Group for up to $2.7 billion.
Stocks gained Wednesday, pushing Wall Street to its highest level in a year, with a rise in industrial production and a spike in commodity prices and equities fueling the advance.
Beer drinkers beware: The cost of a cold one is going up.
Anheuser-Busch InBev NV is examining a sale of its struggling Rolling Rock brand, The Wall Street Journal reported in its online edition, citing people familiar with the matter.
Budweiser brewer Anheuser-Busch InBev said Monday it will cut 1,400 U.S. jobs, about 6% of its total U.S. workforce.
The once frenzied pace of corporate acquisitions in many industries has come to a near standstill in the face of frozen credit
Songwriter Phil McClary declares his allegiance to Budweiser and opposition to InBev's takeover in song.
Ruthless cost-cutting is what made Belgium-based InBev the world's biggest brewer
Philip McClary was grilling out at his home in suburban St. Louis, Missouri, on Sunday night when he heard hometown brewer Anheuser-Busch would be bought by the Belgian company InBev.
CNN's Susan Roesgen reports on a possible takeover deal for Anheuser-Busch by a foreign company.
Anheuser-Busch reportedly has agreed to be acquired by Belgian brewer InBev for about $52 billion.
After weeks of public bickering, Anheuser-Busch Cos. Inc.'s board is likely to accept a sweetened buyout offer from the Belgian-based brewer InBev SA as early as this weekend, a published report said
Brewer InBev turned up the heat in its $46 billion bid for Anheuser-Busch, announcing that it will attempt to remove the company's entire board
Anheuser-Busch's board is unanimously rejecting a Belgian-Brazilian brewer's takeover bid, saying the $46 billion offer undervalues the Budweiser maker
Brewer InBev SA on Wednesday pressed Anheuser-Busch for an answer on its $46 billion takeover offer, saying it had already secured financing for the deal.
Brewer InBev SA on Wednesday pressed Anheuser-Busch for an answer on its $46 billion takeover offer, saying it had already secured financing for the deal
St. Louis was once the site of a World's Fair and the fourth largest city in America. Now it may even lose its brewery
Stocks rallied Friday, muscling back at the end of a tough week, with a stronger dollar and weaker oil prices giving investors a reason to dive back into some recently beaten-down shares.
Well, it looks like there will be no Microhoo after all. Microsoft and Yahoo seem less likely now to merge in light of yesterday's news.
Belgian Brewer InBev is offering a big payday to shareholders of Anheuser-Busch Cos. Inc., but its bid to create the world's largest beer company is already facing a major obstacle -- U.S. election-year politics
Anheuser-Busch has entered preliminary merger talks with Mexican brewery Grupo Modelo, according to a report from the Wall Street Journal Thursday.
There's a taste for Budweiser even outside this country.
Stocks tumbled Wednesday, with the Dow losing over 200 points, amid a $5 spike in oil prices, more problems for the bank sector and a report showing continued economic weakness.
Anheuser-Busch Cos. Inc. said Wednesday that quarterly profit rose, helped by higher prices, increased productivity and strong sales of imported brands such as Tsingtao and Corona.
Ever since August Busch IV went to work for the family business 21 years ago, speculation has swirled over whether he would someday lead Anheuser-Busch. To prove his readiness for the corner office...
For years American investors were notorious stay-at-homes, resisting the advice of investment strategists to diversify globally. But over the past 18 months, that's been changing.
There's a new No. 1 in the world of beer, and it's a strange brew--part Belgian, part Brazilian, with a Mississippi CEO who has little experience in the business and a leading brand named Stella, n...
During the recent brewing merger frenzy, the world's biggest beer company stood pat.
© 2013 Cable News Network. Turner Broadcasting System, Inc. All Rights Reserved.
|