Blackstone acquires Busch Entertainment for as much as $2.7 billion
Posted October 7, 2009, 12:16P |
Contributed by Jeff
After months of negotiations, Anheuser-Busch InBev announced this morning that it will sell Busch Entertainment Corp. to the Blackstone Group for as much as $2.7 billion. Blackstone, the New York-based private-equity giant, will pay AB InBev $2.3 billion in cash plus give the beer brewer a right to participate in its return on investment up to $400 million.
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