Report: Brand guru is set to acquire Pabst

05/26/2010 | Wall Street Journal, The

Investor C. Dean Metropoulos, who has successfully managed familiar food labels such as Ghirardelli Chocolates, Duncan Hines and Bumble Bee Tuna, reportedly is finalizing a deal to acquire Pabst Brewing Co. for about $250 million. The purchase of the nation's fifth biggest beer supplier includes such old-school brands as Schlitz, Lone Star and Colt 45.

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