GOT $300 MILLION? YOU CAN OWN PABST BLUE RIBBON, SCHLITZ AND OLS STYLE TOO!
Pabst Brewing Co., which owns the Pabst and Schlitz beer brands as well as nearly 40 others, is up for sale again. Sales of the Pabst brand have stabilized after increases in the early part of this decade when it gained some
notoriety with a younger demographic as a hip old school beer. In the past
three years they sought to revive Schlitz in the same way, but results
have been mixed. The company also owns iconic brands such as Old Style
and Special Export. Pabst was founded in 1844 in Milwaukee and became one of the country’s largest brewers. In 1975, Pabst beer accounted for 45% of all beer sold in Wisconsin and in 1976 Pabst held 11.2% of the national market.
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