The Collapse of Iron City?

I may have been born a couple of blocks from the Rolling Rock brewery, but I grew up drinking Iron City. Now comes news that the Pittsburgh Brewing Company, maker of Iron City Beer [and Olde Frothingslosh, the "A whale of an ale for the pale stale male"; the only beer with foam on the bottom; the only beer that glows in the dark, etc.] has declared bankruptcy.

Is this the end of Fatima Yechburgh (Miss Olde Frothingslosh, pictured on the cans above)? Apparently not. This seems to be just a ploy on the part of management to get out from under pension fund obligations.

Read about it here.

Oh yes, regarding Olde Frothingslosh, read about it here and here.

This really brings back my childhood when I used to listen every weekday to Cordic & Co. on KittyKat (KDKA) Radio.