bgeguy Posted June 14, 2008 Posted June 14, 2008 Honestly, I don't see how $65 a share is a great deal when they closed yesterday at $62 a share.
ginzo Posted June 14, 2008 Author Posted June 14, 2008 Honestly, I don't see how $65 a share is a great deal when they closed yesterday at $62 a share. The current share price takes the possible InBev deal into account. BUD opened at $56.93 on June 11th, the day that the offer was made. Yeah, $65/share isn't "an offer they can't refuse", but it's still much higher than the stock has ever been.
Ryan23 Posted June 15, 2008 Posted June 15, 2008 I think that if they do sell though, this would be a prime oppurtunity for Six Flags or Cedar Fair to enter the Orlando market.
Jew Posted June 15, 2008 Posted June 15, 2008 ^Neither of them can afford it.l That's not their business anyways...they are "regional" theme park companies, not "tourist" theme park operators.
ginzo Posted June 16, 2008 Author Posted June 16, 2008 ^Neither of them can afford it.l That's not their business anyways...they are "regional" theme park companies, not "tourist" theme park operators. But imagine all the goofy stuff Cedar Fair would do if they did purchase the Busch parks. Like renaming Montu and Alpengeist to Flight Deck so that they'd save money by having to make less kinds of souvenirs.
bgeguy Posted June 16, 2008 Posted June 16, 2008 ^That's what scares me if this goes through. With BGE being 15 mins. away from me, it would be a great loss is if it's sold to some investment or real estate company and see the park close. Look what those Belgians have caused.
mcjaco Posted June 16, 2008 Posted June 16, 2008 ^ Except that it's been mentioned a dozen times in here, that the parks are run seperately from AB. I doubt it will be sold. InBev is basically a monstrous distributor, so AB will probably run just like before, but as a division. A very large division. I can't see the Busch family giving up the name, and American consumers wouldn't get a name change either.
Loopy Posted June 16, 2008 Posted June 16, 2008 I read that Inbev would scale back on advertising dollars, and lower prices on beer if they buy AB. It would put Miller in a pretty sticky situation.
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now