Missouri governor Matt Blunt has sent a letter to the Federal Trade Commission, “asking for a federal review of the proposed sale of Anheuser-Busch Cos. to Belgian brewer InBev,” says the AP. Blunt is concerned that allowing the maker of Becks and Stella Artois beers to buy the St. Louis-based brewery could create a “near monopoly” in the US beer market, and that it would damage the Missouri economy.
The weak dollar has prompted InBev to offer $46 billion for AB. Meanwhile, AB, which hasn’t responded to the offer, is said to be trying to merge with Grupo Modelo SAB, the maker of Corona. If that merger is successful, it could make AB even more attractive to InBev.
Does it matter if Budweiser is owned by a bunch of Belgians?