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Local interest now on tap to buy iconic Anchor Brewing Company

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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.

 

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