Schaefer Beer is a brand of American beer first produced in 1842 by the F. & M. Schaefer Brewing Company. Schaefer Beer is billed as America's oldest lager beer by its brewers. Until the mid-1970s, Schaefer Beer was the world's best selling beer before ceding the top spot to Budweiser. The brand was purchased by Stroh Brewery Company in 1981, and since 1999 has been produced by Pabst Brewing Company after Stroh was purchased by Pabst in 1999.
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