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P. Ballantine and Sons Brewing Company was an American brewery founded in 1840, making Ballantine one of the oldest brands of beer in the United States. At its peak, it was the 3rd largest brewer in the US. The brand is currently owned and operated by Pabst Brewing Company. Throughout history it is best known for its Ballantine XXX Ale; however, in August 2014 Ballantine IPA relaunched and has been received with mixed reviews (3.46 on Untappd). Ballantine is Pabst's foray into the craft beer market.