InBev may shift charitable priorities in St. Louis

ST. LOUIS (AP) -- The money given to the St. Louis community won't dry up, but the priorities may change when InBev completes its buyout of Anheuser-Busch.

That was the message Tuesday from experts speaking to financial advisers, charitable executives and other civic leaders at an event hosted by the St. Louis Business Journal.

U.S. Bank Vice President Stephen Mullin says other recent mergers have shown that financial contributions to charities and investment in other businesses do continue.

But Mullin and David Luckes of the Greater St. Louis Community Foundation say the new owners arrive with different priorities.

The merger of the Belgian brewer and the maker of Budweiser and Bud Light was announced in July. It isn't known when it will be completed.