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Sign of the End Times: Coors/Molson merger could be in the works

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Fenris Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-19-04 12:59 PM
Original message
Sign of the End Times: Coors/Molson merger could be in the works
NEW YORK (Reuters) - Merger talks between brewers Molson Inc. and Adolph Coors Co. are heating up, creating the possibility of a new powerhouse in the fast-consolidating beer industry, The Wall Street Journal reported Monday.

The negotiations are at a sensitive stage and could fall apart, the newspaper said, citing unspecified people familiar with the matter. Several hurdles remain for any potential deal, most notably a feud among Molson family members who control the Montreal-based company's voting stock, the Journal said.

Although terms of a possible deal still are being discussed, one scenario calls for Molson Chairman Eric Molson to be named chairman of the combined company, while Coors Chief Executive Leo Kiely could be CEO, the Journal said.

Molson is dealing with a feud among Molson family members. Last month, its deputy chairman Ian Molson quit amid succession concerns at the 218-year-old company.

http://money.cnn.com/2004/07/19/news/fortune500/coors_m...
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DODI Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-19-04 01:02 PM
Response to Original message
1. Noooooo!
Guess I better stock up on Brador while I'm in Quebec next month.
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trumad Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-19-04 01:08 PM
Response to Reply #1
2. Molson good, Coors very very bad....
Quality beer merging with piss water...Sounds like a Bud to me....
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m-jean03 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-19-04 01:08 PM
Response to Original message
3. I have a neighbor who stocks his fridge with Coors

So, I've been drinking more of that this summer than I care to admit.

Hey, it's free. :P
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mindem Donating Member (353 posts) Send PM | Profile | Ignore Mon Jul-19-04 01:14 PM
Response to Reply #3
4. Buuuuuuuuuuuurrrrrrrpppp!!!
N/T
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