Shortly before noon today, Anheuser-Busch’s stock price was up over 8 per cent based on rumors that InBev is putting together a $46 billion bid to buy it. That is one expensive beer run.

Anheuser Busch Stock Surges on Report of Possible InBev Bid (AP)

Both companies were, as is typical, mum on the rumor. Look for something definitive very soon.

They’d be crazy to announce it this weekend though. The idea of an American institution being bought up by a European rival, on Memorial Day weekend no less, would anger a lot of patriotic types.