975-Year-Old Brewery Just Announced a Drastic Business Move

The world's oldest monastic brewery is changing hands, and, unfortunately, it's due to plummeting beer sales in Germany.

According to multiple reports, Weltenburger, which has been around since 1050, is being sold to Munich-based Schneider Weisse, established in 1872.

The facility, an active monastery sitting on the banks of the Danube in Bavaria, is owned by the Catholic church, according to The Guardian. Nearly 50 years ago, the Benedictine monks brought help from the Bischofshof...