Quote:
Originally Posted by Cochise
Yeah... in the end, you started this business to make money, it would be hard to turn down what a conglomo could offer for the business.
Heck, even AB sold out.
|
AB didn't sell out. InBev could afford to overpay for stock shares since the US $ was down against the Euro big time.
The offer they made basically couldn't be turned down by the board, especially given the financial state they were in at the time.
Had they not agreed to the deal InBev likely would have forced a takeover by buying massive shares of stock.
What AB did do is get themselves in an unnecessary bind financially and left themselves vulnerable.