August Busch IV stays on after InBev takeover

Who was August Busch IV actually looking out for himself or the BUD shareholders?

This article gives you a look at the answer

(Telegraph.co.uk) The chief executive of Anheuser-Busch, the Budweiser brewer which last month succumbed to a $52bn (£28bn) bid from rival InBev, is to receive a payoff and contract worth $125m on completion of the deal.

August Busch IV, who vowed earlier this year that the brewer his family founded would not be sold on "my watch", is to be handed a consultancy role with the enlarged company worth $17.6m. He will get a one-off consultancy fee of $10.4m and $120,000 a month until the end of 2013.

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