Anheuser-Busch, which spends more on television sports advertising than any other company, has received an unsolicited $46-billion buyout offer from the Belgian brewer InBev SA, known principally in the U.S. for its Beck's and Stella Artois brands. The all-cash bid of $65 a share represents an 11 percent premium over its current price. (Shares in the company immediately soared to $62 in after-hours trading.) Within hours of the announcement of InBev's offer, opposition to it burgeoned, with many critics opposing the sale of what they regarded as an American institution to a foreign company. A website, SaveAB.com, offers to provide yard signs to citizens in St. Louis, the headquarters of the company, to protest the acquisition.
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