A Russian Beverage Company Buys Pabst Brewing!

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A Russian Beverage Company Buys Pabst Brewing!
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From the New York Times:

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.

The buyer is Oasis Beverages, a Russian brewer and beverages distributor. Backing Oasis is TSG Consumer Partners, an American private equity firm focused on consumer goods, which will take a minority stake.

Mexican Hipsters Love This Aztec Brew

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Mexican Hipsters Love This Aztec Brew
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Long the province of peasants and poor townfolk, pulque has been reborn this century as a buzz of choice among young, forward-leaning and better-heeled urbanites.

For those able to relish its taste and texture — admittedly still a select few — pulque provides a sip of the past, quaffed in the shadow of the modern.

It's also just about $1.65 a pint, and a nearly hangover-proof means of getting hammered.
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