(no subject)
Jul. 22nd, 2006 04:26 pmIn 1985, the brewery was bought by Paul Kalmanovitz, a self-made beer and real-estate baron. While other big brewers were spending to build national, image-based brands, Kalmanovitz's idea, apparently, was to buy up ailing ales, slash all associated costs and let them "decline profitably." Kalmanovitz died in 1987; Pabst is owned by the charitable foundation he left behind, and its current portfolio of has-been brews includes Schlitz, Falstaff, Stroh's and Colt 45.
Huh, interesting. (The article is behind a subscription wall; I pulled it out of one of the DBs MPL subscribes to.)
Speaking of failure, my application for that legislative assistant job was rejected without an interview. Huzzah.