UPDATE: Former Anheuser-Busch CEO agrees to settlement in girlfriend's death

Wednesday, April 20, 2011 | 5:04 p.m. CDT

ST. LOUIS — Former Anheuser-Busch Companies Inc. CEO August Busch IV has agreed to pay $1.5 million to settle a wrongful death lawsuit over his girlfriend's accidental drug overdose death, Busch's lawyer said Wednesday.