Investing
Berkshire Hathaway & Buffett, The True Anheuser-Busch Winners (BRK.A, BRK.B, BUD)
Published:
Last Updated:
Everyone has reported on the huge acquisition offer from InBev for Anheuser-Busch Companies Inc. (NYSE: BUD). What is interesting above and beyond the global beer initiatives and consolidation is that Berkshire Hathaway, Inc. (NYSE: BRK.A, BRK.B) owns a fairly massive slug of the company stock. As Budweiser is an easy brand to recognize it easily fits within Buffett’s "hold forever" strategy.
According to the most recent filings, Warren Buffett’s holding and operating company owns a combined amount of 35,563,200 shares as of March 31, 2008, which is roughly a 4.99% stake.
With a $62.00 share price this morning this represents a stake worth some $2.2 Billion. That ought to allow Buffett and friends to recapture some cash to either make more acquisitions or to add to the cash arsenal for future deals.
You can see the full list of Warren Buffett and Berkshire Hathaway holdings.
This was one of our "brands that could disappear" as far as US ownership is concerned. Recently we ran "Top US Brands Foreigners Could Buy With Cheap Dollars (SKS, HSY, WFMI, STZ, BUD, ETFC, S, LEAP, X, AA, LAMR)" which you can see.
Jon C. Ogg
June 12, 2008
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
