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Pabst Exercises Option to Buy Irwindale

Dear Client: Per an 8-K filed today, Pabst is exercising its option to purchase Molson Coors’s Irwindale, California brewery, "including plant equipment and machinery and the underlying land." The deal is expected to close in Q4 of this year, "subject to the satisfaction of certain customary closing conditions." Recall, it was early January of this year that Molson Coors Beverage Company entered into an option agreement with Pabst Brewing Co., where Molson Coors granted Pabst an option to purchase the

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