Bill Gates recently paid $95M to buy 1.7M shares of Anheuser-Busch via the Bill & Melinda Gates Foundation Trust, The New York Post’s Shannon Thaler reports, citing financial data firm TipRanks. The charitable foundation holds assets valued at about $69B, the report notes.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on BUD:
- RBC upgrades Heineken back to Sector Perform, reverses earlier downgrade
- Roth MKM consumer/beverages analyst to hold analyst/industry conference call
- Bill Gates Picks Up BUD Shares, Morgan Stanley Says Current Valuation Fails to Reflect the Potential Upside — Here’s Why You Should Take Notice
- Target’s (NYSE:TGT) Sales Remain Under Pressure; Multiple Headwinds at Play
- Is There Hope for Anheuser-Busch (NYSE:BUD)? Deutsche Bank Says Yes.
