Molson Coors three years later

Posted on 22:14, July 28th, 2007 by Al

Molson CoorsThe Toronto Globe and Mail offers their analysis of the Molson-Coors merger three years after it was announced.

The verdict? It’s working.

So, while [investors and brokerage firms] were sleeping, here’s what they missed: The merger is working. After a difficult start, Molson Coors has got its act together. It has cut costs, refinanced debt, opened a new brewery in Virginia and sold more silver bullets to beer-drinking Canucks than ever before. The stock market has responded: In the past year, Molson Coors shareholders have made 38 per cent, including dividends, beating returns from Anheuser-Busch and Heineken.

Molson Coors, three years on

Molson Coors

(via Click A Bottle)

Related posts

Posted in Beer, Megabreweries, News | Print

Post a Comment

Name:
Email:
Website:
Comments:
Search: