BREAKING NEWS: San Franciscans Steamed at Anchor? Legendary Bay Area Craft Brewery Cashes In/Sells Out
San Francisco-based Anchor Brewing Company, a pioneer (and originator/founder?) of today's independent craft beer industry with over a century of history, has been bought by Japan's Sapporo Holdings Limited for a reported $85 million. As is typical in these matters, the brewery claims that the beer, which at this point will still be brewed at its facility in the city, will be unaffected by the transaction. SFGate.com, the online sister site of the San Francisco Chronicle newspaper, has plenty of coverage on the reported acquisition, including comments from Anchor's owners. Brewbound (among others) is reporting the sale price.