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.

Brooklyn Hipsters Are Feeding a New Facial Hair Transplant Craze

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It's impossible to type while shaking your head as hard as I am right now. Take it away, Serena Solomon of DNAinfo:

Whether they're filling in a few gaps or doing a complete beard construction, New York City doctors who specialize in the procedure said they're seeing a growing number of men paying as much as $7,000 to pump up their beards...

Epstein said he started out doing just a handful of beard transplants each year a decade ago — but is now averaging about three beard implants a week through his offices in Midtown East and Miami.

Dr. Yael Halaas, another plastic surgeon who specializes in facial hair transplants, said an increasing number of "hip" and "fashionable" young professionals in their 20s and 30s are seeking the procedure.
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