It’s hard to shed tears about this type of transaction any more.
I use to drink draft Anchor Steam alongside Fritz Maytag at the Old Spaghetti Factory before he bought the company in order to save the brew. In its original form, Anchor was fermented in shallow fermenters and was susceptible to wild yeasts, which gave it an unruly, lambic character which made it unpredictable but more interesting than what Maytag produced after after adding some QC and bottling it. LIke My Lai, he had to destroy it in order to save it, IMHO.
However, Maytag and Anchor deserve great credit for introducing Liberty Ale, the granddaddy of today’s craft IPAs, using Cascade hops. I’ve also enjoyed every one of their Christmas ales since 1975, including some that tasted like Christmas trees.