ST. LOUIS (AP) -- Republican Gov. Matt Blunt sent a letter Monday to the Federal Trade Commission, asking for a federal review of the proposed sale of Anheuser-Busch Cos. to Belgian brewer InBev.Blunt's letter said he is concerned the sale could create a near monopoly in the U.S. beer market by combining the two large brewers. He also said he's also concerned the sale could damage the St. Louis and Missouri economies.
"In particular I am concerned that this sale would have destabilizing impacts on our nation and state's long-term economic interests. I am opposed to this buyout and am asking you to conduct this review as quickly as possible," Blunt said in the letter to FTC Chairman William E. Kovacic.
InBev, which makes Beck's and Stella Artois beers, made an offer this month to buy Anheuser-Busch for roughly $46 billion. Anheuser-Busch, the nation's largest brewery and maker of Budweiser and Bud Light beers, has not yet officially responded to the offer.
Read More
