Anheuser-Busch Companies, Inc. is a Delaware corporation that was organized in 1979 as the holding company parent of Anheuser-Busch, Incorporated, a Missouri corporation whose origins date back to 1875” (Market Watch). Anheuser-Busch has a principal product of beer, with the brand names of Budweiser, Michelob, Busch, and Natural. Anheuser-Busch Companies, Inc. is also “active in the family entertainment industry” through nine theme parks (MarketWatch).
The average analyst recommendation is a hold for this stock.
In a press release on their website, Anheuser-Busch Cos. Inc. announced on June 11, that they had received a proposal from Inbev to “acquire all of the outstanding shared for Anheuser-Busch for $65 per share in cash” (Anheuser-Bush press release).
The stock price should hover around the offer price from Inbev. If the stocks trade above $65 a share, that is the market saying the expect a higher offer from Inbev. In the same vein, if the stock trades lower than $65 a share, they don’t believe the offer will happen.
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