Monday, July 14, 2008
Budweiser, The Rape of - Part Two
It did not take long......The following was reported
by the AP news service today regarding the
sale of of Anheuser Busch........
"The (new combined) companies will, however,
sell off "noncore assets", that they would not
name, to raise some $7 billion to finance the
deal. InBev will also borrow $45 billion and
plans to issue new stock to raise another
$9.8 billion.
"Shareholders won't see much in the short
term. InBev warned of lower dividends and no
benefit to earnings per share until 2010"
THE RAPE HAS BEGUN.......Pumps
by the AP news service today regarding the
sale of of Anheuser Busch........
"The (new combined) companies will, however,
sell off "noncore assets", that they would not
name, to raise some $7 billion to finance the
deal. InBev will also borrow $45 billion and
plans to issue new stock to raise another
$9.8 billion.
"Shareholders won't see much in the short
term. InBev warned of lower dividends and no
benefit to earnings per share until 2010"
THE RAPE HAS BEGUN.......Pumps
# posted by Pumps @ 1:59 PM 
