Narragansett Owners Want to Save Anchor; SF Locals Want to Bid Too

Dear Client:  Narragansett Beer’s owners are crowdfunding support to help save recently shuttered Anchor Brewing in San Francisco.  It wouldn’t be their first try at turning around a historic brewery, either, with their successful tenure reviving the historic 1890 brewery after purchasing Narragansett from Pabst Brewing Company in 2005. Narragansett has since grown into the 27th largest craft brewer, according to the Brewers Association [see CBD 04-19-2023].  Narragansett Beer president Mark Hellendrung (part of that group of investors who purchased