Benefiting from InBev deal: Cindy McCain?
While elected officials here clamor to block InBev’s acquisition of Anheuser-Busch, at least one political figure stands to gain from the deal: Cindy McCain.
The wife of Republican presidential nominee John McCain inherited a Budweiser distributorship in Arizona, and owns a significant amount of A-B stock.
John McCain’s financial disclosure form filed with the Senate — posted online by the Center for Responsive Politics — shows Cindy McCain holds over $1 million in A-B stock.
And, because of the ambiguity of Senate disclosure requirements, her stake could be well over $1 million.
Either way, Cindy McCain stands to make a tidy profit if InBev offers investors a $65-a-stock premium.
Bloomberg and other financial wires have already reported on Cindy McCain’s potential windfall, but, so far, she has yet to make a comment about the pending deal.
Any windfall she receives, however, might be just short term gain.
Who knows what will happen to exclusive regional distributorships like Cindy McCain’s — the equivalent of finding a mint under the Christmas tree — with InBev at the helm?
Of course, the calculus is different for McCain, who has to balance her wealth with her husband’s political fortune. John McCain is already taking heat for his criticism of another major local employer, Boeing.
Losing the Brewery could be much tougher for Missouri voters to swallow.



(5 votes, average: 3.4 out of 5)
First, shareholders won’t be getting a “$65-a-stock premium” from ImBev as you alluded. The premium was a modest 11% when the offer was made which is more like $6 dollars per share. And millions of shareholders, including unionized workers, pension funds and billionaire Democratic backers will receive the same benefit should the deal go thru as it stands. Secondly, that 11% premium is ridiculously low relative to other major transactions; it should be more like 40%. However, I don’t want the brewery sold to an entity that will gut the US organization and cause the loss locally of potentially thousands of good jobs. That would be a death blow to the City of St. Louis and would be deleterious to the entire region.
Other than those comments. it was a nice article whose only point was to poison the well of opinion towards the McCains. Relabel the article from Political Fix to Democratic Tirade for truth in “journalism”.