Pabst Brewing Co

Have a hankering for a Pabst Blue Ribbon, Old Milwaukee or a Schlitz?

Pabst has hired Bank of America Merrill Lynch to find a buyer and has just sent sales books to prospective suitors. A buyer will need to pay about $300 million, according to sources.

The company's brands represent a virtual who's who of beers, including Ballantine, Colt 45, Lone Star, Olympia Genuine Draft, Piels, Schaefer, Schmidt, and Stroh's. It is also one of the few private independent brewers left in the nation.

The company owns the brands and contracts out its brewing to Molson, the Canadian beer giant.

The Pabst Blue Ribbon label has made quite a comeback lately. For the four weeks ended July 12, the company saw its case sales increase 21 percent compared to a year earlier, giving it a three percent share in the high-volume sub-premium market.

There is a crowdsourcing effort asking each potential "owner" to make a pledge of $5, $25, $100, or $250,000 towards the $300 million asking price for this well-known Milwaukee brewery. A certificate of ownership, and a lifetime's supply of PBR, awaits.

So and check it out here Buy a Beer Company