CNN reports:
Florida Gov. Ron DeSantis is urging the state’s pension fund manager to consider legal action against Bud Light’s parent company amid conservative backlash to the beermaker’s recent marketing efforts, the latest attempt by the Republican presidential candidate to inject himself and the state he runs into the country’s culture wars.
In a Thursday letter obtained by CNN, DeSantis suggests AB InBev “breached legal duties owed to its shareholders” when it decided to associate with “radical social ideologies.” Sales of Bud Light have plummeted in the months since it entered into a minor partnership with transgender influencer Dylan Mulvaney that precipitated a boycott from conservatives.
“All options are on the table,” DeSantis wrote, as the state reviews the impact of AB InBev’s recent financial downturn, though it’s unclear what legal recourse the state might have to challenge a multinational corporation’s business decisions.
Read the full article.
So DeSantis and his followers trash talk and urge boycotts against a company in which the trust fund HE oversees invests; and when his followers boycott the company and crash the sales, he threatens to sue the company. What a maroon.https://t.co/UcBeyANmTL
— laura kay (@sallyatticum) July 21, 2023
Ron Desantis is threatening to have the State of Florida sue Anheuser-Busch because one of their marketing directors sent Dylan Mulvaney a can of Bud Light with her face on it and she posted a pic of it on Instagram. Using the power of the state to punish that is fascism.
— Ron Filipkowski (@RonFilipkowski) July 21, 2023
Did this man go to law school?
Has he ever heard of the business judgment rule?
He’ll waste state retirees’ money on a bogus suit so he can go on Fox News and run for president?https://t.co/HBI0lzItjN— Richard W. Painter (@RWPUSA) July 21, 2023
In the letter, Florida Gov. Ron DeSantis said it appeared to him that AB InBev “may have breached legal duties owed to its shareholders” by associating the brand with “radical social ideologies.” https://t.co/1eoktyBYS8
— The Hill (@thehill) July 21, 2023
If I’m understanding this correctly, DeSantis praised the Bud Light boycott, claimed he’d never drink the beer again, and now wants to sue because … the boycott he endorsed and engaged in had consequences? https://t.co/cKJyHkvZVB
— Lis Power (@LisPower1) July 21, 2023