A PIECE OF AMERICANA GONE TO THE HIGHEST BIDDER!

WAS IT A GOOD IDEA TO SELL AN AMERICAN ICON LIKE BUD?

It seems that $70 a share was enough for Anheuser-Busch — the brewer agreed to sell itself to Belgian beer giant InBev over the weekend. The new company will be called Anheuser-Busch InBev, and its board will have room for two former A-B executives, including A-B CEO, August A. Busch IV.

The joint press release stated that the company’s headquarters will remain in St. Louis and that no A-B breweries will close as a result of the buy-out.