Though buyouts can be good for shareholders, the
International Herald Tribune shows that the real benefits often go to executives:
August Busch IV, chief executive of Anheuser-Busch Cos. Inc. will be
paid nearly $10.4 million after the brewer is sold to InBev SA and
$120,000 a month to consult for the new company through the end of 2013.
Terms of the consulting deal are currently being negotiated,
according to a filing with the Securities and Exchange Commission
made Friday.
Busch, a member of the St. Louis-based brewer's founding family,
will also be eligible for an additional payment of $13.3 million on
various change in control payments and benefits, the filing said.