Courtesy of Wikipedia:
The company was founded by August Krug in 1849, but ownership passed to
Joseph Schlitz in 1858 when he married Krug's widow. Schlitz was bought by
Stroh Brewery Company in 1982 and subsequently sold along with the rest of Stroh's assets to
Pabst Brewing Company in 1999. Pabst produced several varieties of Schlitz beers alongside
Old Milwaukee.
On November 13, 2014, Pabst announced that it had completed its sale to Blue Ribbon Intermediate Holdings, LLC. Pabst Brewing Company, now headquartered in Los Angeles, continues to produce Schlitz beer, Old Milwaukee, and four Schlitz malt liquors—Schlitz Red Bull, Schlitz Bull Ice, Schlitz High Gravity, and Schlitz Malt Liquor.