Tampa Bay area folks are still waiting to see who ends up with the Anheuser-Busch-owned Busch Gardens and related theme parks once the beer giant is purchased by Belgian brewer InBev. But one deal is already being cut.
InBev and Anheuser-Busch CEO August A. Busch IV are negotiating the terms of a consulting agreement that starts when the $52-billion corporate merger closes and runs through 2013.
Busch will be a highly paid adviser to InBev chief executive Carlos Brito in a package that includes a lump sum of $10.35-million plus about $120,000 a month. He also gets a personal security detail, free access to events sponsored by Anheuser-Busch and other benefits.
The details appear in a recent filing with the Securities and Exchange Commission.