Well, folks, it’s all over. The deed is done, indeed. The deal for InBev to acquire Anheuser-Busch has been agreed upon in principle, for nearly $50 billion. It’s not really over, of course, because it still has to wind its way through the federal approval process. But for all intents and purposes, it’s probably just a matter of time now that the two parties have reached an accord.
The Wall Street Journal, Reuters, and the Financial Times are all now reporting that the parties have agreed to a deal. The new entity’s board will contain two A-B people, most likely including August A. Busch IV. Sadly, they decided to ignore my suggestion of calling the new company InBusch and went instead with the relatively boring and far too long name, Anheuser-Busch InBev.