Missouri Gov. against sale of Anheuser-Busch
NEW YORK Belgian brewer InBev’s offer to buy St. Louis-based Anheuser-Busch has generated strong opposition from government authorities in St. Louis and the state of Missouri.
InBev submitted an unsolicited bid Wednesday to buy the company for $65 a share, or $46.3 billion.
“I am strongly opposed to the sale of Anheuser-Busch and today’s offer to purchase the company is deeply troubling to me,” Missouri Gov. Matt Blunt said in a statement Wednesday.
Blunt said that he planned to explore “every option and any opportunity” to keep America’s largest brewer in St. Louis, but conceded that there was no immediate tool available at the state level to block it.
City officials in St. Louis also plan to write to Anheuser-Busch shareholders to persuade them to reject the deal.
Founded in 1852 as the Bavarian Brewery, Anheuser-Busch manufactures and markets the Budweiser and Michelob lines of beer, as well as Bacardi Silver specialty drinks. It also imports beers such as Boddingtons Pub Ale, Grolsch and Tiger Beer.
Michael McKee to join Purple Beverage Co.
FORT LAUDERDALE, Fla. A former executive of Cadbury Schweppes, Unilever and Fuze Beverage will join Purple Beverage Co. as vice president of operations and logistics, Purple Beverage announced Wednesday.
Michael McKee will be in charge of contract manufacturing, production planning and purchasing, as well as other duties. He previously worked for Fuze as director of procurement and inventory planning and as business planner for Unilever. Before that, he worked with various brands at Cadbury Schweppes, including Snapple, Yoo-hoo, Mistic and Orangina.
Purple is a juice drink that combines antioxidant-rich fruits such as acai, pomegranates, blackcurrants, blueberries, cranberries, black cherries and purple plums. The drink contains no added sugar. It is available at drug stores, supermarkets and health-food stores, as well as restaurants, bars and nightclubs.
Pepsi Bottling Group elects Trudell to board
SOMERS, N.Y. The Pepsi Bottling Group has elected that Cynthia Trudell to the PBG board of directors.
“We’re delighted to welcome an accomplished business leader like Cynthia Trudell to the PBG board. She has proven herself throughout her career to be an executive who knows the franchise system and knows how to deliver results and create shareholder value. She will be a valuable addition to our board as we focus on executing PBG