Word: schlitz
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Heady fights for control of Schlitz and Pabst...
Last year a giant downtown Schlitz sign was replaced by one bearing the Budweiser label of St. Louis' Anheuser-Busch. That is a little like erecting a flashy Toyota sign atop the Fisher Building in Detroit. After all, Schlitz was "the beer that made Milwaukee famous...
...famous Milwaukee brewers have fallen on hard times. Schlitz no longer makes beer there. Takeover battles simmer among the suds, and mutinous stockholders threaten to dislodge entire boards of directors in nasty brawls not far above the barroom level. The brewers are in a battle for third place in the U.S. beer business, behind leader Anheuser-Busch and second-place Miller. Analysts believe that third largest is big enough to compete with the industry's leaders, but anything much smaller than that level cannot muster the advertising megabucks to fight off relative obscurity and low sales...
...that "it is perfectly clear that IBM obtained its very large market share in an entirely legal way." But one cannot charge him with being soft on big business; the AT&T settlement was entirely his doing, and his opposition recently prevented the G. Heileman Brewing Company from buying Schlitz. Perhaps more importantly, Baxter has showed his willingness to go after serious business improprieties such as price fixing not only with civil legislation, as has commonly been done, but also by pressing criminal charges...
...from the black leagues. Twelve of them came, and before the party was over, they vowed to do it again the next year. With help from organizers in Ashland, the event doubled in size the second time around, and this year, thanks to a $25,000 grant from the Schlitz Brewing Co., 52 veterans turned...