Well, this is certainly a buzzkill.
Iowa resident Carson King went viral last week for raising hundreds of thousands of dollars for the University of Iowa’s Stead Children’s Hospital after holding up a sign on national TV asking for beer money. Companies like Anheuser-Busch BUD, -0.59% and Venmo pledged to match the donations, which have topped more than $1 million.
“It’s turned into something really cool, and a way to help families and to help the kids,” he said at the time. “It’s just incredible to see what kind of a difference you can make when people band together.” “Carson King had multiple social media posts that do not align with our values as a brand or as a company and we will have no further association with him,” reads the statement provided to MarketWatch. “We are honoring our commitment by donating more than $350,000 to the University of Iowa Hospitals and Clinics.” But giving King a year’s supply of free beer, or putting his face on future Busch Light cans, is now off the table.
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