Pabst on the Block

Dear Client:We all know that Pabst Brewing Co., the virtual contract brewer whose close-knit and talented team has defied all odds to turn that brewer around, is under strict IRS orders to convert itself from a charity to a for-profit entity by 2010. As we sit here at the tail end of 2009, many are wondering what's going on. It's one of the most common questions I get when I speak at state beer conventions (I've been hanging my hat