paul kalmanovitz, a self-made beer and real-estate baron, purchased the pabst brewing company in 1985 for $63 million in a hostile takeover through the auspices of his holding company s&p co.; s&p co.'s first brewery was maier brewing company, purchased in 1958. when kalmanovitz died in 1987, s&p became legally inseparable from the kalmanovitz charitable trust.