After a Southwest Bank investment group promises to keep the franchise in St. Louis, Anheuser-Busch agrees to sell the Cardinals to the financial establishment. The price tag of approximately $150 million is considered a bargain, withĀ Forbes MagazineĀ estimating the club’s value to be worth twice that amount.

On December 22, 1995 — After a Southwest Bank investment group promises to keep the franchise in St. Louis, Anheuser-Busch agrees to sell the Cardinals to the financial establishment. The price tag of approximately $150 million is considered a bargain, withĀ Forbes MagazineĀ estimating the club’s value to be worth twice that amount.

Sources:
National Pastime

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