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Sep 19, 2014 4:33 PM

Iconic Pabst Beer Brands Sold To Russian Company

The iconic American Pabst Blue Ribbon brand will soon be owned by a Russian company under a deal to sell the Los Angeles-based brewer for an undisclosed sum.

Pabst Brewing Co., with such beer brands as Colt 45, Old Milwaukee and Schlitz, was acquired by four years ago by C. Metropoulos & Co. It's now being sold to Russia's Oasis Beverages and private-equity firm TSG Consumer Partners LLC.


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