The InBud deal is bringing some strange stuff to the surface. Pabst felt the need to release a statement yesterday that initially read like this:
In response to the many inquires we have received regarding the acquisition of Anheuser Busch by InBev: No doubt, the AB-InBev combination will create a formidable competitor. And it is true, Pabst Brewing Company will be the last of the famous iconic U.S. brewers to be fully independent and American-owned.As a Pennsylvanian, Yuengling is pretty iconic to me, but I'll admit that's a parochial attitude. Still..."In response to the many inquiries"? Hoo boy.
Then, of all people, Michael "Eulogy" Naessens released a statement on the deal...since he's Belgian and a CPA. Who knew? I had to chuckle over this bit, though:
“Budweiser was the king of beers when the U.S. beer market was an absolute monarchy and people had little choice. Now it’s more like a constitutional monarchy, with craft beers leading the revolution.” says Naessens.Hail to The King, baby!