Missouri Loses Anheuser-Busch, McCain Makes Profit (and celebrates here tuesday)

Submitted by DemCat on Mon, 07/14/2008 - 7:36pm.

In case you missed this nugget in all the news about the sale of St. Louis-based Anheuser-Busch, John and Cindy McCain are the Big Winners in the foreign takeover of our favorite hometown beer brewer.

From the Wall Street Journal:

"Mrs. McCain’s company owns between $2.5 million to $5 million in Anheuser stock..."

 

And Seth Colter Walls, via Huffington Post, does more math on the deal:

In 2006, Cindy McCain reported $283,240 in earnings from ordinary dividends on her tax return, separate from capital gains...If Cindy were to sell off the 2006-era number of shares, as estimated above, at today's $70 price, she would make $17,545,780. 

What other place to celebrate the good news but in St. Louis?  John McCain will be in the Lou tomorrow (Tuesday) asking Missourians to fork over $2300 for dinner, $10,000 for a photo opportunity, $28,500 for a private reception, and $57,000 for a VIP Meet and Greet with him. 

No word on if Ms. Bud and McCain plans to visit Grant's Farm, Busch stadium, the AB brewery, or any of the St. Louisans who may lose their jobs as a result of the sale while he's in town.

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