Bud Talks With Corona

June 14, 2008 by Latest
The Wall Street Journal has reported that Anheuser-Busch might be trying to thwart a deal by talking with Mexico's Grupo Modelo SAB about a merger. Anheuser Busch already owns roughly 50 percent in Modelo, Mexico's largest brewer and maker of Corona.
The problem (on our end, anyway) seems to be that Carlos Fernandez, the Modelo chief executive (who is also an Anheuser director) wants to keep his proud Mexican company Mexican.
Perhaps Carlos could teach his fellow board members a thing about patriotism.

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