Budweiser parent corporation Anheuser-Busch has received an acquisition offer Belgian Brewer InBev, makers of Stella Artois and Beck’s. The proposed sale has American politicians in an uproar over the prospect of losing the King of Beers and his court of cronies including Michelob, Busch, Rolling Rock and King Cobra to European control.

The unsolicited share offer from InBev promises $65.00 per share of Anheuser-Busch, well above the stock’s closing price of $58.35 at the end of trading yesterday. Wall Street reacted favorably to the bid, driving the share price up to $62.80 in after hours trading last night. But politicians were not so pleased, particularly in Anheuser-Busch’s home state of Missouri. The Show-Me State’s Governor Matt Blunt had this to say, “I am strongly opposed to the sale of Anheuser-Busch, and today’s offer to purchase the company is deeply troubling to me.” Blunt has directed the Missouri Department of Economic Development to see if there is a way to stop the deal from going through.

Whether Bud is owned on this side of the Atlantic or the other, its effects on driving when consumed in excess remain the same. You can takepart in curbing drunk driving by checking out the website of Mothers Against Drunk Drivers, the stalwart in the fight againt driving while intoxicated.

LINKS:

Bloomberg.com: InBev Rises After $46.3 Billion Cash Anheuser Bid

Forbes: UPDATE: Anheuser-Busch receives $65-a-share acquisition offer from InBev

Fox Business: InBev Proposes Combination with Anheuser-Busch, Creating the Global Leader in Beer with Budweiser as its Flagship Brand