Pros
Pay is still very good and benefits are still decent, although they have started to be whittled away with the latest labor contract. No doubt this trend will continue. Work/life balance is still very good for hourly employees thanks to weekender relief program as well as decent chances to get weekdays off through the use of floating holidays and single day vacations.
Cons
If you are hourly like I am, you will have a new 12 year old boss about every six months. Turnover is high for management because they have no labor contract, so they were of course shamelessly rear-ended immediately after the takeover. Company used to have a thousand little ways to show you they appreciated you, almost all of those have been eliminated in the wake of the takeover. Company is run by bankers, not brewers. They have lost a lot of their ability to own and grow a brand, all they know how to do is take them over.