With the weak dollar, look for ALOT more of this, the GE Building and the Chrysler building in NY are now owned by foreigners. Overseas investors are buying alot of land here in the US because it is so cheap with the dollar. Bethlehen Steel is now owned by the Russians.
Years ago when we both worked for the UAW...My brother was a union rep and switched from Coke to Pepsi, and from Bud to Miller, Just because the union said so. Now I drink both (just cause I like each better).
Our companies are all we have left to sell in the US now. Wonder how much of our Congressional kickbacks and "campaign contributuions" come from overseas lately. Wonder how bad things will get when Senators X,Y, and Z are bought out to allow even easier corprate takeovers by foreign investors...
I think they are still small enough to be "locally" owned. I cannot belive that the Busch family did this. I am sure the "Bud Elders" are turning in their graves. I just hope they stop all the "We are America" ads that they run!