Anchor Brewing Company, which had its future in doubt since its corporate owners closed it down last year, has been bought by billionaire yogurt magnate Hamdi Ulukaya.

Ulukaya, founder and CEO of the Chobani yogurt company, announced the purchase for an undisclosed sum Friday, saying the storied San Francisco brewery was acquired by his New York investment firm Shepherd Futures.

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Kiley Russell writes primarily for Local News Matters on issues related to equity and the environment. A Bay Area native, he has lived most of his life in Oakland. He studied journalism at San Francisco State University, worked for the Associated Press and the former Contra Costa Times, among other outlets. He has covered everything from state legislatures, local governments, federal and state courts, crime, growth and development, political campaigns of various stripes, wildfires and the aftermath of Hurricane Katrina.