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June 30, 2010
Metropoulos & Company has acquired Pabst Brewing, a producer of beer and other malt beverages, for a reported $250 million. Debt financing was provided by Wells Fargo and GE Capital, which reportedly supplied a $100 million loan. Metropoulos invests in and manages branded consumer businesses and was advised financially by Barclays Capital and legally by Paul, Weiss, Rifkind, Wharton & Garrison on the deal. Pabst was advised by Bank of America.
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