Why would you buy something and close it down?
That's a fair question, and the reports don't give a full answer. Sazerac, the Kentucky spirits company, bought Full Sail's Hood River plant mainly for its production capacity, according to the reports I found, rather than for the Full Sail or Session brands. Industry coverage suggests the brands are being discontinued, and the Hood River pub closed suddenly on November 2. A company can buy a business for its factory, equipment or contract customers and then retire the names it doesn't want, so the closure isn't necessarily a sign the plant itself has no value. I can't tell you Sazerac's exact reasons, though, since the company's statements are the only source for them. For its own account of the deal, the Sazerac press release or local coverage in Oregon would be the place to check.
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