American brewing icon Anheuser-Busch has agreed to a $50 Billion takeover by Belgian based brewer InBev in a deal set to create the world’s largest beer maker. What sealed the deal in the month long negotiations between the two brewing giants was InBev raising its offer to $70.00 per share, 27% higher than Anheuser-Busch’s all time high stock price from 2002, and $5.00 per share higher than InBev’s initial offer reported on TakePart last month.

Although many American politicians including Democratic Presidential hopeful Barack Obama and Missouri Governor Matt Blunt have come out against the deal, personally I’m all for it. For one, as a matter of personal taste, Anheuser-Busch could use the help in crafting their brews from InBev, the same company that produces one of my favorite beers, Stella Artois. Secondly, the new company will be a truly international conglomerate. InBev itself was formed in a 2004 merger between Brazilian brewer AmBev and Belgian based Interbrew and although the company is based out of Leuven, Belgium, its management is made up of primarily Brazilian executives. So we’ll end up with America’s favorite beer, owned by a company operating out of Belgium and run by Brazilians - a perfect brew for a globalized, interdependent world.

You can takepart in helping those who use Anheuser-Busch’s products a little too much by learning more about Alcoholics Anonymous.

LINKS:

Reuters: InBev agrees to buy Anheuser for $50 Billion

BBC: Stella firm buys Budweiser beer

Forbes: Job cuts inevitable for InBev-Anheuser