News Formal

Local interest now on tap to buy iconic Anchor Brewing Company

  • 📰 KTVU
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

There is renewed hope that San Francisco's iconic Anchor Brewing Company, which closed last week due to financial struggles, could once again begin producing its famous beers.

More than two dozen different investors have expressed interest in buying the now shuttered 127-year-old brewery, according to company spokesperson Sam Singer. Around half of the investors are based in the Bay Area, including venture capitalist Mike Walsh.

Walsh and his network of investors are hoping to snap up Anchor, when parent company Sapporo liquidates its assets. He wants to allow other fans of the beer to buy in too."Where people can invest is little as 100 bucks that are passionate about the beer. Why not own a piece of it," said Walsh.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 465. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

XRP Community Is a 'Cult,' Says Fox Business AnchorFox Business anchor Charles Gasparino finds himself at the center of a fervent debate with XRP supporters after his recent analysis of Ripple's legal battle with the SEC
Source: Utoday_en - 🏆 295. / 63 Read more »

Dead & Company member seen wearing A's fans ‘Sell' shirt at SF concertAthletics fans looking to keep the team in Oakland just got a high-profile endorsement.
Source: nbcbayarea - 🏆 596. / 51 Read more »

Tesla's 1st electric pickup has rolled off the assembly line, company saysTesla says its first electric pickup has rolled off the assembly line. Elon Musk's company tweeted a photo Saturday showing scores of workers in helmets and yellow vests surrounding the vehicle, which Tesla calls the Cybertruck.
Source: AP - 🏆 728. / 51 Read more »