Nov 25th 2009 By Jeremy Taylor
For about the price of a pint at your local pub, you could own the Pabst Brewing Company.
Using the principles of "crowdsourcing
," two advertising agencies are attempting to raise enough money to buy the 165-year-old beer company
, currently on the block for $300 million, by soliciting pledges for as low as five dollars from the public.
If this unusual bid is successful, all those who pitched in will get that amount of money back in beer, as well as a certificate of ownership, and a say in the company's future. From what we can gather from their Web site, the group is currently raking in about $1,000 per minute in commitments.
So if you've ever made the unhealthy boast that you drink so much you should buy a brewery, it might be time to buck up.