Beer of pigs

How desperate is Anheuser-Busch to beat back Inbev’s $46bn hostile bid? Look no further than Cuba. That’s what the brewer of Budweiser is doing with what looks like an Axis of Evil defense. By highlighting Inbev’s business on the impoverished Caribbean island, Bud looks to be attempting to stir up a xenophobic backlash. The Cuba connection was made in Bud’s response to Inbev’s announcement that it will attempt to unseat Bud’s directors at its next annual meeting and take its $65-a-share offer t...