A Russian Beverage Company Buys Pabst Brewing!

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From the New York Times:

A Russian beverage company said on Thursday that it was acquiring the Pabst Brewing Company, which makes the Pabst Blue Ribbon beer popular with barflies and hipsters alike and other brands like Colt 45 and Old Milwaukee.

The company did not disclose terms of the transaction, but people briefed on the matter said the price was more than $700 million in cash.

The buyer is Oasis Beverages, a Russian brewer and beverages distributor. Backing Oasis is TSG Consumer Partners, an American private equity firm focused on consumer goods, which will take a minority stake.

Fad of the Day: Brooklyn Hipsters Are Feeding a New Facial Hair Transplant Craze

hipsters,facial hair,kids these days,news
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It's impossible to type while shaking your head as hard as I am right now. Take it away, Serena Solomon of DNAinfo:

Whether they're filling in a few gaps or doing a complete beard construction, New York City doctors who specialize in the procedure said they're seeing a growing number of men paying as much as $7,000 to pump up their beards...

Epstein said he started out doing just a handful of beard transplants each year a decade ago — but is now averaging about three beard implants a week through his offices in Midtown East and Miami.

Dr. Yael Halaas, another plastic surgeon who specializes in facial hair transplants, said an increasing number of "hip" and "fashionable" young professionals in their 20s and 30s are seeking the procedure.

Chuck Protectors of the Day

chuck taylor,converse,hipsters,incredible things,pumped up kicks
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All the other kids with the pumped-up kicks can run as much as they want, but not before they make a total mess of their footwear.

Not you, standing safe and clean in these Converse-style Festival Feet. That'll show 'em.


Beard Cans of the Day

By Unknown
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For PBR, it should probably be an ironic moustache.


Explainer of the Day

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In the early 19th century, French political thinker Alexis de Tocqueville visited America to observe its political system in action.

In the early 21st century, French journalism student Lorena Galliot visited Williamsburg, Brooklyn to observe... its hipsters.

"The Hipster Hunt" chronicles her attempts to pin down the elusive definition of "hipster," much to the chagrin of the actual hipsters she's interviewing.


Sign Of The Times of the Day

exeter,hipsters,sign of the times
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Sign Of The Times of the Day: Hipster photo/text combo IRL, spotted in Exeter.


This Is Funny, You Should Listen To It of the Day

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This Is Funny, You Should Watch It of the Day: I liked this Harvard Sailing Team skit before it was on YouTube.

[hst / thanks billy!]