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Old 06-12-2023, 03:24 PM
Vermilion Villager Vermilion Villager is offline
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Quote:
Originally Posted by manaboutown View Post
Modelo! Bud Light lost out to Modelo for title of America’s most popular beer in May: report | Fox News

The irony:

"Grupo Modelo is a large brewery in Mexico that exports beer to most countries of the world. Its export brands include Corona, Modelo, and Pacífico.[2] Grupo Modelo also brews brands that are intended solely for the domestic Mexican market and has exclusive rights in Mexico for the import and distribution of beer produced by Anheuser-Busch.[2] Until the 1960s, Grupo Modelo used red poppy flowers in most of its advertising.

On June 12, 2008, The Wall Street Journal stated that Anheuser-Busch InBev, which owned a non-controlling 50% stake in the company, might attempt to acquire the remaining 50%.[3] On June 29, 2012, it was announced that Anheuser-Busch InBev would acquire the remaining 50% stake for an all-cash price of $20.1 billion.[4] On January 31, 2013, the US Department of Justice filed an antitrust suit in an attempt to prevent the buyout. The matter was settled and the two companies merged in June 2013,[5] with the transfer of all United States rights to Constellation Brands.[6] As a result, all of the company's brands are made (in Mexico) by an unrelated company. In the United States, Grupo Modelo brands are distributed by Constellation Brands."

Grupo Modelo - Wikipedia

p. s. Bud Light Continues to Bleed: Company Gets Horrible News After Donating $200K to LGBT Org ⋆ Flag And Cross
It is so nice to see what gets old people up in the morning. As far as Anheuser-Busch being financially ruined by people who think they are so important they can make the company pay by boycotting Bud Light… Here's they cut and paste from their profit statement of their their 23 brands of beer last year........
Anheuser-Busch gross profit for the twelve months ending March 31, 2023 was $31.931B, a 1.68% increase year-over-year. Anheuser-Busch annual gross profit for 2022 was $31.481B, a 0.88% increase from 2021.