Blackstone acquires Busch Entertainment for as much as $2.7 billion

Posted Wednesday, October 7, 2009 12:16 PM | 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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