A beer-maker founded in San Francisco in 1896 that promotes itself as America's "first" craft brewer is closing its doors.
Anchor Brewing Company said it would cease operations and liquidate the business, pointing to years of falling sales.
Japanese brewing giant Sapporo, which purchased Anchor in 2017, said efforts to revive the brand had failed.
It had been dubbed a "godfather" of America's craft beer renaissance.
Anchor, which gave 60 days notice to its roughly 60 staff, said it had repeatedly tried to find a buyer in recent years and still hoped one would step forward during the liquidation process.
It said it had stopped producing beer but would continue packaging and distributing its bottles in California until the end of July. Its local pub will also remain open temporarily to sell remaining inventory.
Source: www.bbc.com
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