Molson backs down on options plan: Bows to shareholder pressure to rescind right of option holders to vote on merger

Article Abstract:

The Molson Inc. has backed down from its controversial plan to allow stock option holders to vote on its proposed union with Adolph Coors Company because of the pressure from some of the country's most powerful institution investors. It was stated that the option holders would get to vote only on the part of the merger plan that affects treatment of stock options.

Securities issued, listed, Securities, Company securities

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How the Molson bid was topped up: SEC filings detail lobbying efforts

Article Abstract:

Leo Liely, chief executive of Adolph Coors Co. received a call from Sanford Riley, chairman of the special committee of Molson Inc.'s independent directors on January 10, 2005. Mr. Riley said that Molson directors would stand by the terms of their proposed merger with Coors but they were worried about the opposition from the key shareholders.

Forecasts, trends, outlooks, Management dynamics, Executive changes & profiles, Management, Officials and employees, Forecasts and trends, Market trend/market analysis, Company business management, Liely, Leo, Riley, Sanford

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Molson Coors ends ill-fated foray into Brazil

Article Abstract:

The details of loss incurred by Molson Coors Brewing Co., from the sale of Cervejarias Kaiser SA to Fomento Economico Mexicano S.A. de C.V., are presented.

Financial management, Beverages, Brazil, Mexico, Finance, Beverage industry, Company financing, Fomento Economico Mexicano S.A. de C.V., Molson Coors Brewing Co., Cervejarias Kaiser S.A.

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