SBD/6/Franchises

A-B HAD CARDS ON MARKET WEEKS AGO

     Anheuser-Busch Chair August Busch III and CFO Jerry Ritter
"quietly" began contacting possible buyers and offering them the
Cardinals several weeks before the company officially announced
the team was for sale on October 25, according to the ST. LOUIS
POST-DISPATCH.  Robert Manor reports Busch's decision to sell the
team was so "confidential" that even Cardinals President Mark
Lamping didn't know about the deal (ST. LOUIS POST-DISPATCH,
11/6).
     NET WORTH:  In another report, Manor writes it will be
"difficult" for any potential buyer to figure out what the club
is worth as a buyer will not only purchase the team, but also
Busch Stadium, four adjacent parking garages and some other real
estate that constitutes the brewery's Civic Center Redevelopment
Corp.  Manor notes A-B will "certainly demand" a confidentiality
agreement from bidders with whom it shares this data and may even
require potential buyers to put up cash deposits which would be
forfeited if any information leaks out (ST. LOUIS POST-DISPATCH,
11/6).
     MAKES SENSE?  Cardinals President Mark Lamping on buying the
team without a labor agreement in place: "If you're a gambling
person -- an if you're trying to buy a baseball team, that tends
to be your nature anyway -- you may well want to buy it before
there is an agreement.  Then, you could get the upside of the
agreement because there's no way it's going to get any worse for
the owners" (Rich Hummel, ST. LOUIS POST-DISPATCH, 11/5).
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Anheuser Busch, Franchises

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