Pabst sold to Russian beverage company

http://dealbook.nytimes.com/2014/09/18/pabst-is-said-to-near-a-sale/

"A Russian beverage company said on Thursday that it was acquiring the Pabst Brewing Company, which makes the Pabst Blue Ribbon beer popular with barflies and hipsters alike and other brands like Colt 45 and Old Milwaukee.

The company did not disclose terms of the transaction, but people briefed on the matter said the price was more than $700 million in cash."

Commies

Did a double take, for a second I thought Pabst might be getting sold to Russian River brewing company... Not sure how I would have felt about that

So PBR is going to be a 12% ABV beer now?

Originally posted by Drake
So PBR is going to be a 12% ABV beer now?

This is what I have to say to Pabst:



Good news for our Russian friends though!