We owe hipsters a thank you for making Pabst Blue Ribbon “famous”. PBR is in fact owned by Hostess, so why would it be hip to be drinking a beer so mainstream? It’s cheap, that’s why. Being a college student, cheap is good. If you’re a huge fan of the beer then here’s your chance to purchase Pabst.

The Chicago Tribune reported that the CEO of Hostess, Dean Metropoulos, is selling Pabst Blue Ribbon and its brewery.

The expected asking price is to be somewhere between $500 million to $1 billion. Pabst Blue Ribbon will most likely end up being purchased by a larger brewer. Pabst is considering public offerings, so if you’re looking to get in the beer industry, this could be your opportunity.

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