“Soft despotism is a term coined by Alexis de Tocqueville describing the state into which a country overrun by "a network of small complicated rules" might degrade. Soft despotism is different from despotism (also called 'hard despotism') in the sense that it is not obvious to the people."
Monday, July 14, 2008
What is the meaning of life?
Report: Anheuser-Busch agrees to InBev sale
ST. LOUIS — Anheuser-Busch reportedly has agreed to be acquired by Belgian brewer InBev for $49.9 billion.
The deal being reported by The Wall Street Journal would create the world's largest brewer and put the iconic American beer maker in the hands of the Belgian-based company behind Stella Artois and Beck's beers.
The newspaper cited anonymous sources who said Anheuser-Busch-InBev would be the new company's name and Anheuser would have two seats on the company board.
Anheuser-Busch did not return a message seeking comment Sunday evening.
The newspaper said the deal was for $70 a share. That's an increase over InBev's original offer that was rejected in June.
Posted by Anonymous at 7/14/2008 05:57:00 AM