Pabst Blue Ribbon Beer Being Sold to Russian Company

[SeaBreeze]

I never liked Pabst, but I remember seeing it around since I was a child. Originally brewed in Milwaukee, it's a very commonly known brand of beer. I don't like to see any American companies being sold off to other countries, happening too much I think. http://www.nbcnews.com/business/business-news/pass-brewski-pabst-sold-russian-company-n207226

 

[Meanderer]

That's what they get for asking the Russians "What'll you have?".

 

[WhatInThe]

Bought by an INVESTOR in 2010 told you where this was going.

 

[hollydolly]

I@ve only ever heard of blue ribbon beer in this song.. :drinking:

 

[Happyflowerlady]

Seabreeze, it seems like a lot of our older, and well-known, companies have been sold to foreign owners. I am pretty sure that the Annheiser-Busch company is now owned by an overseas company, even though all of the Buddweiser commercials make it looks pretty American.
China has bought several of the copanies here, the latest one that I have heard of is the Smithfield Farms, one of the largest producers of pork products in the United States. Along with the factory, they also now own all of the farms in the area where the pigs are raised, as well as the agricultural ones where the corn and grain is grown to feed the pigs.

 

[SeaBreeze]

I see that Miller and Coors may be foreign owned, say hello to drinking GMO beer too I guess.

 

[Ina]

Good day to all. :wave:
Does the US buy businesses in other countries? If so, what kind, and why?

 

[SeaBreeze]

Good question Ina, sadly I don't know of any...hopefully somebody will provide more positive info on what the US is doing to improve our economy. http://www.forbes.com/sites/kenrapoza/2013/06/27/the-foreign-companies-that-are-buying-up-america/