Dec 302009
Pabst Brewing Company, which is known for their Pabst Blue Ribbon or PBR brand, is up for sale. The charitable trust that owns the company must sell it by 2010. Charitable trusts aren’t suppose to own for profit companies and the IRS is forcing them to sell according to this CNN article.
The asking price is $300 million and 2 ad companies are using crowdsourcing to buy the company. There’s more information on the website which is rightly named buyabeercompany.com.
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