Five members of the Busch family have plans to purchase the 270-acre Grant’s Farm and keep it open and free to the public, the family said Wednesday.
After a family dispute over uses of the property, a judge ruled in June 2016 that Wells Fargo, the trust manager for the St. Louis property, had the power to decide whether to sell the property and whom to sell it to. At the time, four siblings have been in a legal fight with a fifth, Billy Busch, over the fate of Grant’s Farm.
The four siblings originally wanted to sell it to the Saint Louis Zoo, but the zoo backed out. Billy Busch wanted to incorporate his William K. Busch Brewing Co. on the property. Their offers were worth roughly $34 million.
Wednesday’s announcement signals the dispute is ending.
A spokeswoman said the $51 million sale included Grant’s Farm, the family mansion commonly known as the “Big House,” and several nearby parcels including a parking lot.