ɐkˈoːɹdɪŋ tʊ ɐn ɑːktˈoʊbɚɹ ˈeɪtiːn, nˈaɪntiːnhˈʌndɹɪd nˈaɪnti nˈaɪn, nˈuː jˈɔːɹk əbzˈɜːvɚɹ ˈɑːɹɾɪkəl, mˈaɪk mɪtˈæɹoʊz ɹˈeɪŋɡoʊld bɹˈuːɪŋ kˈʌmpəni ˌɛlˌɛlsˈiː bˈɔːt ðə bɹˈænd ɪn nˈaɪntiːnhˈʌndɹɪd nˈaɪnti ˈeɪt.
According to an October 18, 1999, New York Observer article, Mike Mitaro's Rheingold Brewing Company LLC bought the brand in 1998.