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Bill Gates' foundation trust bets big on Bud Light comeback

  • Bud Light sales plummeted after partnership with transgender activist Dylan Mulvaney.

  • Boycott from conservatives and backlash from LGBTQ activists hurt revenues.

  • Bud Light lost top spot as best-selling US beer to Modelo Especial.

  • Bill and Melinda Gates Foundation Trust bought $95 million in Bud Light parent company stock.

  • Bud Light trying to regain customers through new ads focused on football and country music.

foxbusiness.com
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