The next merger boom is here

NEW YORK (CNNMoney.com) -- Well, it looks like there will be no Microhoo after all. Microsoft and Yahoo seem less likely now to merge in light of yesterday's news.

But there's still a lot of merger activity going on that should keep investors happy.

Belgian brewing giant InBev has made a $46 billion takeover bid for Anheuser-Busch (BUD, Fortune 500). And the Budweiser maker might do a deal of its own to fend off InBev - it is reported to be talking with Mexican beer company Grupo Modelo.