![\"Budvar\"](\"http:\/\/www.appellationbeer.com\/images\/20071218-budvar.jpg\")
Would the beer world be a better place if Budweiser bought Budweiser?<\/p>\nWould the beer world be a better place if Budweiser bought Budweiser?<\/p>\n
Or put another way, would both American-owned Anheuser-Busch and Czech-owned Budejovicky Budvar be better off if A-B bought Budvar?<\/p>\n
In the event you didn’t already answer “no” and move on . . . <\/p>\n
Evan Rail explains the ins and out of of privatizing (selling) Budvar in his new Beer Culture<\/a> blog in the Prague Daily Monitor.<\/em> Then he asks this question:<\/p>\n Yes, I know that sounds like sacrilege to many beer fans. But if Budvar is privatized, can you imagine that anyone other than Anheuser-Busch would end up owning it? And does anyone out there consider for a second that maybe, just maybe, this might be a good thing \u2014 and not only in terms of the reduced legal fees for both companies?<\/p><\/blockquote>\n We also have we have this view form the A-B side of the ocean. Brew Blog<\/a> reported Monday that analyst Stifel Nicolaus published a report titled “On BUD\u2019s Takeout Value.”<\/p>\n \nIt asked whether a buyer would pay “more than a typical takeout multiple for BUD.” Absent a bidding war, Stifel\u2019s verdict was no.<\/p>\n Why? Largely because A-B remains underindexed in imports and crafts.\n<\/p><\/blockquote>\n Although A-B distributes Budvar in the United States, where the beer is called Czechvar, that is different than owning the esteemed brewery.<\/p>\n As Brew Blog points out, we heard plenty of rumors about A-B and InBev during 2007. And if (obviously more like when) the dollar continues to struggle in 2008 and InBev’s stock price grows stronger against A-B’s then the possibility of a less-than-friendly takeover increases.<\/p>\n","protected":false},"excerpt":{"rendered":" Would the beer world be a better place if Budweiser bought Budweiser? Or put another way, would both American-owned Anheuser-Busch and Czech-owned Budejovicky Budvar be better off if A-B bought Budvar? In the event you didn’t already answer “no” and move on . . . Evan Rail explains the ins and out of of privatizing … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[292],"tags":[],"class_list":["post-428","post","type-post","status-publish","format-standard","hentry","category-musing"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p4wTn-6U","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/appellationbeer.com\/blog\/wp-json\/wp\/v2\/posts\/428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/appellationbeer.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/appellationbeer.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/appellationbeer.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/appellationbeer.com\/blog\/wp-json\/wp\/v2\/comments?post=428"}],"version-history":[{"count":0,"href":"https:\/\/appellationbeer.com\/blog\/wp-json\/wp\/v2\/posts\/428\/revisions"}],"wp:attachment":[{"href":"https:\/\/appellationbeer.com\/blog\/wp-json\/wp\/v2\/media?parent=428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/appellationbeer.com\/blog\/wp-json\/wp\/v2\/categories?post=428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/appellationbeer.com\/blog\/wp-json\/wp\/v2\/tags?post=428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}