**Alert** Oasis, TSG Buying Pabst for “Somewhat Less” than $1 Billion, Says WSJ

Dear Client:We reported on talks Friday, and now the Wall Street Journal says "people familiar with the matter" have confirmed that "Russian brewer Oasis Beverages and TSG Consumer Partners LLC are partnering to buy Pabst Brewing Co.," per WSJ. "Oasis will take a majority stake, while TSG will take a minority stake in the deal, which will be announced Thursday, the people said."Who is Oasis? Apparently they have operations in Russia and Ukraine, among others, and make beer, soft drinks