Bond: ‘This Bud’s Not For You’

Sen. Kit Bond (R-Mo.) slammed the proposed takeover of Anheuser-Busch by Belgian-based InBev.

“My Missouri constituents say, ‘This Bud’s not for you,'” Bond told InBev’s chairman, Carlos Brito, according to a release from Bond’s office.

The takeover would lead to job losses for Missouri and hurt the St. Louis community, which depends on Anheuser-Busch’s charitable works, Bond said.

Bond has also asked the Justice Department and the Federal Trade Commission to review whether the deal meets acquisition regulations.

Missouri’s junior senator, Claire McCaskill (D), also opposes the deal, which is worth about $46.3 billion. Directors at Anheuser-Busch, brewer of Budweiser, said they would evaluate the offer, made earlier this month. InBev has proposed paying $65 a share.

Tags Claire McCaskill

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