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Grants Farm future owner? Judge rules, that’s up to Wells Fargo.

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Grants Farm future owner? Judge rules, that’s up to Wells Fargo.

( KTRS ) Grant’s Farm could soon have a new owner, after a St. Louis judge ruled Tuesday that a trust manager, has the power to decide whether to sell the property and who buys it. Two groups of Busch family siblings have submitted competing plans for buying and operating the wildlife attraction, in Affton. […]

Grants Farm future owner? Judge rules, that’s up to Wells Fargo.

( KTRS ) Grant’s Farm could soon have a new owner, after a St. Louis judge ruled Tuesday that a trust manager, has the power to decide whether to sell the property and who buys it.

Two groups of Busch family siblings have submitted competing plans for buying and operating the wildlife attraction, in Affton. Four siblings, have offered to buy the farm for $26 million. Another sibling, Billy Busch, also offered to buy the farm for $26 million from the family trust and operate it under his Kräftig beer business.

The ruling states that the trust manager, Wells Fargo, is the “sole disinterested trustee” of the 198 acre wildlife preserve and the additional 22 acres of private property that includes the Busch ancestral home.

Billy Busch released a statement saying “I am pleased with today’s Circuit Court ruling, which moves us closer to our goal of buying and operating Grant’s Farm for the benefit of St. Louis-area families for generations to come,”

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