CORPORATIONS: K.O. at Pabst

The Pabst Brewing Co. has sponsored so many TV boxing matches that its name has practically become synonymous with fighting. Last week Pabst reluctantly sponsored one more fight—the first proxy fight in its 94-year history. The ring was a igth-floor hall in Chicago's Merchandise Mart. In one corner was short, pudgy Pabst President and Chairman Harris Perlstein, wearing grey suit, tan shoes and grey tie. In the other, the challengers: Robert and David Pabst, the grandsons of the Pabst founder, Fred Pabst, and Otto and Carl Spaeth, son and grandson respectively of...

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