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June 17, 2008

Warren Buffett could be my hero

Warren Buffett Testifies Before Senate Finance Committee
Image details: Warren Buffett Testifies Before Senate Finance Committee served by picapp.com

Forbes is reporting that Warren Buffett is backing the InBev takeover of Anheuser-Busch that had me so excited last week.

Buffett is a fellow shareholder in the maker of Budweiser and obviously wants the best thing for his shares, which have been performing all of flat since he and I bought the stock.

And based on the Forbes article, it looks as if Buffett is going to take his concerns right to the top:

According to Belgian newspaper De Standaard, Buffett not only supports Inbev's offer, he is schedule to meet Anheuser's chief executive August Busch IV about it.

I can't say enough how much I want this deal to happen.

This entry is tagged: beer, Budweiser, business, InBev, Warren Buffett

Posted by bmiraski at June 17, 2008 10:09 AM