Dear Client:As reported yesterday afternoon, Pabst is set to be acquired by CPG tycoon C. Dean Metropoulos, the low profile billionaire who has turned around such brands as Duncan Hines, Armour, Vlasic Pickles, Mrs. Paul's, Chef Boyardee, Jiffy Pop, and Log Cabin Syrup, among others. The deal is not final, and is contingent on financing we hear. But it's imminent if such financing can be secured.You'll recall that BBD reported that Pabst was close to a deal with a tycoon
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