Highlights
Anheuser-Busch Cos. is a St. Louis-based, publicly-traded corporation that primarily produces and distributes more than 100 brands of beer, most notably Budweiser. In 2006 Anheuser-Busch sold 125 million barrels of beer, with gross sales of $18 billion and net income of $2 billion, making it the United States' largest brewer. Among the corporate divisions is Busch Entertainment Corp., which has 11 theme and water parks, including SeaWorld Orlando, Discovery Cove and (the soon to open) Aquatica in Orlando, and Busch Gardens and Adventure Island in Tampa. Other BEC parks are SeaWorld San Diego, SeaWorld San Antonio, Busch Gardens Europe and Water Country USA in Virginia and Sesame Place in Pen...
Anheuser-Busch Cos. is a St. Louis-based, publicly-traded corporation that primarily produces and distributes more than 100 brands of beer, most notably Budweiser. In 2006 Anheuser-Busch sold 125 million barrels of beer, with gross sales of $18 billion and net income of $2 billion, making it the United States' largest brewer. Among the corporate divisions is Busch Entertainment Corp., which has 11 theme and water parks, including SeaWorld Orlando, Discovery Cove and (the soon to open) Aquatica in Orlando, and Busch Gardens and Adventure Island in Tampa. Other BEC parks are SeaWorld San Diego, SeaWorld San Antonio, Busch Gardens Europe and Water Country USA in Virginia and Sesame Place in Pennsylvania. The parks of BEC, which is scheduled to relocate its headquarters to Orlando in July 2008, combined to draw more than 22 million visitors in 2006, with gross sales of more than $1.3 billion and pretax profit of $233 million. Patrick T. Stokes is chairman of Anheuser-Busch Cos. August A. Busch III is chairman of Anheuser-Busch's executive committee. His son August A. Busch IV is president and chief executive officer. Keith M. Kasen is chairman of Busch Entertainment. Effective Dec. 1, 2007, Jim Atchison is president of Busch Entertainment.
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Endorsement field shrinks for athletes
Associated PressAssociated Press Turns out, Tiger Woods wouldn't really rather have a Buick. At least not anymore. When Woods ended his nine-year relationship with General Motors Corp. last week—a mutual decision between a megawatt celebrity who doesn't need...Tags: International Speedway Corp., Automotive Equipment, National Football League, Tiger Woods, Athletes
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Woods among the few athletes who can give up endorsements during tough economic times
AP National WriterTurns out, Tiger Woods wouldn't really rather have a Buick. At least not anymore. When Woods ended his nine-year relationship with General Motors Corp. on Monday — a mutual decision between a megawatt celebrity who doesn't need the work and a...Tags: International Speedway Corp., Automotive Equipment, National Football League, Tiger Woods, Athletes
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NBC in talks to sell last of its Super Bowl TV ads
The Associated PressMost advertising slots for the 2009 Super Bowl that weren't sold in September still haven't moved, a change from earlier in the year when NBC announced the air time had been selling faster than usual. Super Bowl regulars like FedEx Corp., Garmin Ltd.,...Tags: Waterway and Maritime Transportation Industry, Brian Walker, Automotive Equipment, Super Bowl, National Football League
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Brewer's ads have 'watchability'
Of The Associated PressAnheuser-Busch says now that people understand its new ''drinkability'' message around megabrand Bud Light, it's bumping up the release of the second wave of a new $50 million advertising campaign for the brand. A series of three new ads will start...Tags: Super Bowl, Consumer Electronics Industry, Turkey, Wine, Beer, and Spirits, Dining and Drinking
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Holiday beers: something to celebrate
Now that Thanksgiving is upon us, it is OK to drink holiday beers. I have a confession: Some of us have already started. A little over a week ago, in a move that some might equate with opening the presents before Christmas, I was among a panel of tasters...Tags: Wine, Beer, and Spirits, Samuel Jr Smith, Beverage Industry, Distilling and Brewing Industry, Dining and Drinking
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NBC in talks to sell remaining 8 Super Bowl ad spots as some advertisers pull out
AP Business WritersMost advertising slots for the 2009 Super Bowl that weren't sold in September still haven't moved, a change from earlier in the year when NBC announced the air time had been selling faster than usual. Super Bowl regulars like FedEx Corp., Garmin Ltd.,...Tags: Waterway and Maritime Transportation Industry, Brian Walker, Automotive Equipment, Super Bowl, National Football League
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IN BRIEF
Oil prices plunged below $56 a barrel yesterday as awful numbers from retailers and a dismal outlook from automakers lent yet more evidence that the United States and the rest of the globe will slash its energy use. The Energy Department said it expects...Tags: Air Transportation Industry, Energy Saving, Petroleum Industry, Anheuser-Busch Companies Inc., Commodity Markets
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Colonial Williamsburg
The Virginia Gazette“As a Williamsburg resident since 1946, I am saddened and shocked that Colonial Williamsburg will close all four taverns at once for the first time. Is it going to disclose that fact to people when calling to make reservations? If not, visitors will...Tags: Bars and Clubs, Dining and Drinking, Colonial Williamsburg
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This Bud is gone for $52 billion
The Virginia GazetteInBev’s bid was completed Tuesday as the Belgian brewer secured $45 billion in financing and $9.8 billion in bridge loans to close a $52 billion deal to buy Anheuser-Busch. The money will be used to pay Busch shareholders $70 per share. As of...Tags: Meteorological Disasters, Hurricanes, Mergers, Acquisitions and Takeovers, Virginia, Natural Disasters
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Disney tops Central Florida's biggest employers
Sentinel Staff WriterIn this year of economic turmoil and uncertainty, it might be comforting to know that Central Florida's biggest companies and major employers are, for the most part, still here and even bigger after a decade of growth. Every year, the Orlando Sentinel'...Tags: McDonald's, Economic Policy, Orlando Health, Employment, Universal Orlando
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Shareholders OK $52 billion sale of Busch to InBev
Shareholders of Anheuser-Busch Cos. Inc. approved the $52 billion sale of the business to Belgium-based InBev SA on Wednesday, a deal that is set to create the world's largest brewer. Still unknown is the eventual fate of local Anheuser-Busch properties,...Tags: Global Expansion, Government, Leveraged Buyouts, Coca-Cola Company, National Government
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The markets in 60 seconds
Kuhn company files for Chapter 11 One of Orlando developer Cameron Kuhn's local property companies filed for bankruptcy court protection this week. Cornerstone-Orlando LLC, a company Kuhn created to acquire and control one of his downtown Orlando office...Tags: Gerald Ford, Church Street Station, Motor Racing, Indianapolis 500, Bankruptcy
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