- Berkshire Hathaway Bounces Back By 16% For Best Day In Decades
- Berkshire Hathaway Subsidiary Keeps Coachmen Alive By Acquiring RV Business
- USG Shares Soar On Warren Buffett's "Expression of Confidence"
- Warren Buffett on Market Meltdown: It's Happened Before And It's Been Even Worse
- Berkshire Hathaway Down Almost 50% From All-Time High As Stock Sinks Again
- Berkshire Hathaway Plunges 12% For Worst Day Since 1987's Black Monday
- A Goldman Opportunity: How Average Investors Can "Out-Buffett" Warren Buffett
- Buffett's Berkshire Gets A Billion In Beer Bucks
- Berkshire Hathaway Shares Close Below $100,000 For First Time In Two Years
- Warren Buffett Would Provide Backstop For "Misunderstood" American Express - Barron's
- Out with Cox, in with Uptick Rule
- Pops & Drops: Hewlett-Packard, JP Morgan & Air Wagoner
- Mad Money Green Week: Owens Corning
- Fast & Furious: It's All About Soup
- Web Extra: The Trade on Walmart and RIMM
- Chartology: Grossly Oversold and Favoring the Upside
- The "Armageddon" Gameplan
- What's Next for Citigroup?
- What to Expect From a Geithner-led Treasury
- Citigroup Talks, But Nothing 'Walks' To Stabilize
- Soros: More Money Needed For U.S. Bailout
- HP Earnings: How Much Will "Hurt" From Economy?
- Obama Warns On Economy: Works On Stimulus Plan
- Citigroup's Ills May Signal Market Isn't Near Bottom
- US Inflation Bonds Hit by Deflation, May Recover
- Pros Say: Market Will Drop 5-10% — Ford Will Boom
- Bonds Drop on Profit-Taking, Geithner Move
- Jack Welch on Detroit: Let Them Go Bankrupt
Text Size 
 |
Berkshire is the St. Louis brewer's second largest shareholder, with 35,563,200 shares (as of its most recent SEC filing for March 31.)
At the sweetened price of $70 in cash each, Belgium's InBev will be paying Berkshire $2,489,424,000 for its stake. That's about $178 million more than if Anheuser-Busch had accepted InBev's initial offer of $65 a share.
Current Anheuser-Busch price: [BUD
Loading...
()
]
Publicly, Buffett has been very quiet about InBev's courtship of Anheuser, perhaps because the prospect of foreign ownership for such an "American" brand hasn't been very popular around St. Louis.
Last week, he told our Julia Boorstin he was "making no news" on the Anheuser-InBev situation. And in a late-June interview with CNBC's Becky Quick, Buffett pointedly said he hadn't talked about InBev's offer with "anybody," calling the then-developing takeover fight an "interesting spectator sport."
 |
The New York Times did report Friday that "indications" Buffett, and other large shareholders, were "leaning toward backing a deal with InBev" helped push Anheuser into friendly discussions with InBev.
Today's news release from the two companies does not mention Buffett's name, but does include lots of reassurances that none of Anheuser's U.S. breweries will be shut down and promises that InBev will help make Budweiser a global brand.
Current Berkshire stock prices:
Class A: [US;BRK.A
Loading...
()
]
Class B: [US;BRK.B
Loading...
()
]
See Warren Buffett Watch on CNBC's The Call, most weekday mornings at 11:50a ET
Questions? Comments? Email me at
Recent Warren Buffett Watch Posts |
Del.icio.us
Digg It
Data is a real-time snapshot *Data is delayed at least 15 minutes