Brewers unveil merger growth plan
Article Abstract:
Molson Inc. and Colorado-based Adolph Coors unveiled a growth-oriented merger plan, as it would create a company valued at more than $8-billion. However, the companies did not identify acquisition targets, but the new brewer could use it increased financial strength to build operations in the United Sates, Canada, Britain, Brazil, all markets where the combined operations would rank in the top three in market share.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
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Feudingcousin is assailed for his effort to derail merger
Article Abstract:
Molson Inc. chief executive officer Dan O'Neil was against the effort put forth by former deputy chairman Ian Molson to derail the proposed merger with Adolph Coors Co., as it would be bad for employees and burden the company with too much debt. The Molson shares closed on 22 June 2004, on the Toronto Stock Exchange at $35.70, up $1as the Coors-Molson merger offers no premium to share-holders.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
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Mixed case for beer merger
Article Abstract:
Adolph Coors Co. and Canada's Molson Inc. have plans to merge in a deal that would create a North American firm to compete against the world's beer-making titans but analysts are not sure if the deal would save money or help them complete. The combined company proposed to have annual revenue of about $6 billion.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
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