Foreign Invasion?

" It's. An American icon and institution you might say and soon it will be in far and hands Anheuser-Busch for talking about the USA's biggest beer company. Being sold to the Belgian brewer in death for 52 billion dollars of my next guest calls in a foreign invasion. Circulating a petition to fight this deal it's Ed Markey joins us. St. Louis at St. Louis of course is the home. And Anheuser-Busch and Ed. Foreign invasion are."

" Just capitalism at work here. What how high could really -- I think it's it's really both actually but here's the deal. Capitalism at work includes caring about where things are made and how they're made and that the culture of the company and Anheuser-Busch in America. Has spent more than a hundred years and especially the last three -- four decades. Building. Relationship with American consumers that Brian were very concerned will be damaged by a by this change."

" Let's just say you're right then now and then the management of Anheuser-Busch which is after all publicly traded company. Could have done something others would argue it's to move the stock price higher than fifty bucks where was stuck for the longest time. And you -- becomes an -- 65 and eventually seventy dollars a share to buy it right. And they got a responsibility of their shareholders to do something now didn't like it didn't they didn't do anything to move the stock -- themselves."

" Yeah well nobody is is at say -- B dot com as saying that the Anheuser-Busch current border leadership has done enough for. Or couldn't do better but one of the things actually that I've been saying is the deal shouldn't go through. And Anheuser-Busch should do better and they've shown signs of wanting to improve. How -- you pointed out is actually the biggest worry we have. InBev is going to have to leverage itself in a way that most analysts say. Makes that knew him have a stagnant company for the next five or ten years Woodstock. Lack of performance and then they'll have to cut cut cut. And damaged a brand and it's a downward spiral -- really worried about. About the future in the jobs and what can mean for America and it's it's an American is a real this is an -- widget maker and some other places is that company that. Is built on being an American original one relating to the consumer that way."

" That's a publicly traded company in my question I guess is why is this an American story. You don't nationalistic story whatever you want to call it as opposed to just that a business story about a company getting bought because it. It had a price like everybody has prices said."

" Well I'm not sure what the story is how to characterize it what I know is that we started a web site say they B dot com and we're pushing a 100000 people. That have signed up and put their name and said no sale and we're worried about it then. Again the market in America capitalism in the market allows the kinds of arguments of free speech and an interjection. None of us at -- dot com have said all the going to the shareholders and make them suffer loss or I think what we're saying is the future of our country. And the future of this company in this product is going to be damaged. By this kind of move we think it's a debt or debt ridden company and that's why should they be docomo is -- start and and why were fighting so hard and and now that may -- may go through. We're just gonna try to keep after you know those issues just enough Fed thanks a lot we appreciate edmark conceded he'd done time."