Sunday, September 2, 2012

Made in america, no longer american

I grew up to real music with heart and soul. What music I may have listened to for fun was still meaningful to me, TuPac from his Digital Underground days or NWA and Ice Cube with "ameriKKKa's most wanted" it was still music with a purpose. 
Now there is Jay Z and Kanye West with absolute meaningless dribble and to top it off a festival named "Budweiser Made in America". Just because it's made here, doesn't mean this is its home.
On June 12, 2008, InBev announced that it made a US$46 billion offer for the brewing firm Anheuser-Busch.[13] This merger joined two of the world's four largest brewing companies (based on revenue) and created a company that brews three of the top beers in the world - Bud Light, Budweiser and Skol. InBev also stated that the merger would not result in any U.S. brewery closures and they would also attempt to keep on management and board members from both companies.[14]
On Sunday, July 13, 2008, Anheuser-Busch announced that they had agreed to an acquisition by InBev valued at about US$52 billion in cash, or $70 per share.[15] As a condition, InBev will be renamed Anheuser-Busch InBev and Anheuser-Busch would retain two seats on the board of directors.[16]
InBev is a subsidiary of Anheuser-Busch InBev. The company existed independently for several years - since the merger between Interbrew and AmBev and until the acquisition of Anheuser-Busch. InBev has operations in over 30 countries and sales in over 130 countries.[1] In 2006, it had a market capitalization of €30.6 billion and net profit of €3.2 billion on sales of €13.3 billion.

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