11.21.2008 11:13 am
Anheuser-Busch executives, directors get millions in takeover
St. Louis Post-Dispatch
With InBev’s takeover of Anheuser-Busch, executives and directors at the St. Louis company collected hundreds of millions of dollars from selling their stock.
The Post-Dispatch covered the developing story in August, when Anheuser-Busch first said chief executive August Busch IV would have a lucrative consulting arrangement with the combined company. Read the story here. The original document describing the consulting deal is here, filed with the Securities and Exchange Commission. (Fair warning: The document is huge, and technical).
The St. Louis Business Journal has a good wrap up here.
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Jeremiah McWilliams is a native Virginian who came to the Post-Dispatch in early 2007 to cover beer and other consumer products. He previously covered manufacturing for the Virginian-Pilot newspaper in Norfolk, Va. He is a graduate of Washington and Lee University. 
The real tragedy is not that Inbev bought AB. The real tragedy is that the AB excutives decided to pad their own pockets rather than work to protect and grow an American icon.