TheQuartering [7/21/2023]
Ron DeSantis wants the state’s pension fund to investigate Bud Light-makers AB InBev and possibly explore a lawsuit for putting social activism ahead of shareholders during its partnership with Dylan Mulvaney.
The Florida Governor, a 2024 Republican presidential candidate, sent a letter to the fund’s interim director Lamar Taylor, where he said that ‘all options are on the table after partnering with the transgender influencer caused Bud Light’s parent company, Anheuser-Busch, a $27 billion loss.
‘We must prudently manage the funds of Florida’s hardworking law enforcement officers, teachers, firefighters, and first responders in a manner that focuses on growing returns, not subsidizing an ideological agenda through woke virtue signaling,’ DeSantis wrote.
The governor is a trustee on the pension fund’s board that manages retirement funds for public workers. Speaking to Jesse Watters on Fox News Thursday, he added that it could lead to a derivative lawsuit filed on behalf of the shareholders.
DailyMail.com has reached out to spokespersons for AB InBev for comment on the matter.
Bud Light sales continue to plummet in regions across the US – nearly three months after the brand’s polarizing partnership with the transgender TikTok star.
Sales in North and South Carolina suffered the greatest dip, falling from 20 percent in 2022 to 12.5 percent in the same period of 2023- a drop of nearly 7 percent, according to the hospitality consumption data platform Union.
New York and New Jersey stumbled 5.1 percentage points combined, followed by Texas with a 2.4 points dip, Oregon and Washington falling 1.8 points and California with a 0.85 point drop.
The embattled beer brand had better luck in Texas, but still saw declining sales across the state. Bud Light sales dropped 2.4 points from 8 percent sales in 2022 to 5.6 percent in 2023.
America’s flagship beer has been sent into a steep decline after it used the controversial trans influencer, 26, to promote the beverage back in April.
While Bud Light has seen sales fall in nearly every region of the country, Miller Lite has seen some success in recent weeks.