http://www.hoovers.com/free/co/news/detail.xhtml?ID=121680&ArticleID=200807300400KRTRIB__BUSNEWS__b5a300000084527d_MB&source_type%5B%5D=Beer buyout a hiccup for McCain?
07/30/2008 04:00:00 AM
McClatchy-Tribune Information Services
Jul. 30--The pending merger of American beer giant Anheuser-Busch and a Belgian company that brews and sells beer in Cuba is thrusting John McCain into the middle of thorny Cuba-U.S. relations.
McCain's wife, Cindy, owns the third-largest Anheuser-Busch distributor in the country -- which means she would stand to profit by partnering with a company that is in business with the Cuban government.
McCain is a staunch advocate of the embargo that bars most American companies from doing business in Cuba, and among the yet-to-be-resolved issues in the $52 billion deal is whether Belgian giant InBev -- expected to operate under the name Anheuser-Busch-InBev -- will continue to market its Cuban line of beer, and what that may mean for U.S. distributors.
Two of McCain's top Florida supporters, Miami Reps. Lincoln and Mario Diaz-Balart, assailed the InBev-Anheuser Busch deal earlier this month, saying they are "deeply concerned" that Anheuser-Busch is about to be purchased by a company "with ties to the Cuban dictatorship, a state sponsor of terrorism."
A spokesman for the Diaz-Balarts said Tuesday night the two congressmen stand by their statement.
Complicating matters for McCain: A Cuban exile family with a long tradition of brewing beer in pre-Castro Cuba claims that InBev has illegally been using the trademark beer name Cristal, which the family created in Cuba before its company was seized by Fidel Castro's government in 1960.
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