Paperback: 416 pages
Publisher: Wiley; 1 edition (November 8, 2011)
Language: English
ISBN-10: 9781118157022
ISBN-13: 978-1118157022
ASIN: 1118157028
Product Dimensions: 6 x 1 x 9 inches
Shipping Weight: 1.2 pounds (View shipping rates and policies)
Average Customer Review: 4.4 out of 5 stars See all reviews (90 customer reviews)
Best Sellers Rank: #252,147 in Books (See Top 100 in Books) #49 in Books > Business & Money > Management & Leadership > Consolidation & Merger #123 in Books > Business & Money > Industries > Restaurant & Food #151 in Books > Business & Money > Industries > Agriculture
"MacIntosh . . . earns extra credit for staying on the Anheuser-InBev case despite considerable macrocosmic distractions. . . . The author's persistence pays off in her account of the Busch family's searing internecine strife." ---The New York Times --This text refers to the Audio CD edition.
Once upon a time, the "King of Beers" ruled the worldBudweiser controlled 52 percent of the U.S. beer market, and Anheuser-Busch was the world's top brewer. Then, economic hardship fell upon the land of milk and honey (and baseball, apple pie, and Chevrolet), and the King became a pawn that easily fell into the hands of foreign interests. Today, the Great American Lager is no more. Anheuser-Busch's fairy tale is over, and as Dethroning the King: The Hostile Takeover of Anheuser-Busch, an American Icon details, the legendary company collapsed in spectacular fashion. How it all played out behind the scenes is the real storyand it's one people should get used to hearing as foreign companies set their sights on America's most popular brands, taking advantage of a weakened American economy and preying on American corporations that have for far too long viewed themselves as "too big to be taken over." In the summer of 2008investment bank Bear Stearns had already collapsed; lenders Fannie Mae and Freddie Mac were teetering on the verge of insolvency; financial services firm Lehman Brothers would soon declare the largest bankruptcy in U.S. history; and Anheuser-Busch had just received a takeover bid from foreign brewing giant InBev. As Dethroning the King describes, InBev's timing wasn't just lucky; it was perfect. Anheuser-Busch, which had been ruled for decades by iron-fisted scion August A. Busch III, had just handed the reins to his son, August A. Busch IVand young August's leadership was drawing lukewarm reviews from investors and even his own board of directors. Americans all across the country, meanwhile, were too distracted by their imploding personal finances to be concerned about Anheuser-Busch's fate. Many Americans had never even heard of global brewing behemoth InBev, and they didn't realize Budweiser had come under foreign attack until it was too late. On November 18, 2008, the stock of Anheuser-Busch, known for its "BUD" ticker symbol, stopped trading, and one of America's oldest, most beloved brands lost its American-owned status. In Dethroning the King, Julie MacIntoshthe U.S. Mergers and Acquisitions Correspondent who led the Financial Times's coverage of the takeover of Anheuser-Buschtakes you behind the scenes to tell the inside story of the King of Beers' 150-year rise to power and its seven-week fall from grace. --This text refers to the Audio CD edition.
Dethroning the King: The Hostile Takeover of Anheuser-Busch, an American Icon Bitter Brew: The Rise and Fall of Anheuser-Busch and America's Kings of Beer David Busch's Canon EOS Rebel T5/1200D Guide to Digital SLR Photography (David Busch's Digital Photography Guides) David Busch's Compact Field Guide for the Nikon D5300 (David Busch's Compact Field Guides) David Busch's Compact Field Guide for the Nikon D5100 (David Busch's Digital Photography Guides) David Busch's Compact Field Guide for the Canon EOS Rebel T3/1100D (David Busch's Digital Photography Guides) David Busch's Canon EOS 70D Guide to Digital SLR Photography (David Busch's Digital Photography Guides) David Busch's Compact Field Guide for the Canon EOS 5D Mark III (David Busch's Digital Photography Guides) David Busch's Nikon D7000 Guide to Digital SLR Photography (David Busch's Digital Photography Guides) David Busch's Compact Field Guide for the Canon EOS 7D (David Busch's Digital Photography Guides) David Busch's Flash Photography Compact Field Guide (David Busch's Digital Photography Guides) David Busch's Guide to Canon Flash Photography (David Busch's Digital Photography Guides) David Busch's Guide to Canon Flash Photography, 1st ed. (David Busch's Digital Photography Guides) David Busch's Nikon D3200 Guide to Digital SLR Photography (David Busch's Digital Photography Guides) David Busch's Canon Powershot G12 Guide to Digital Photography (David Busch's Digital Photography Guides) Their Name Is Today: Reclaiming Childhood in a Hostile World Hot Pursuit: A Hostile Operations Team Novel, Volume 1 BIFF: Quick Responses to High-Conflict People, Their Personal Attacks, Hostile Email and Social Media Meltdowns The Hostile Hospital (A Series of Unfortunate Events #8) Deadly Monopolies: The Shocking Corporate Takeover of Life Itself--And the Consequences for Your Health and Our Medical Future