Sprecher Sold to Local Set of Investors

Dear Client: One of the oldest craft breweries in the Midwest has fallen under new ownership. News hit Friday afternoon that founder and owner of Milwaukee’s Sprecher Brewing Company, Randy Sprecher, had sold his 35-year-old company to a local group of investors. WHY? As Randy tells it, it was time. "I'm 73. Who has a craft brewery [that] you know at 73?" Randy told a local FOX affiliate. "I just figured it's time to let younger people jump in there