Junk Beer meet Junk Beer
Last Friday
this merger was announced:
bq. MONTREAL October 14, 2004 -- Molson today announced modifications to its proposed merger with Coors to address concerns raised by some institutional shareholders and pertaining to option holder voting rights and to compensation provisions relating to two key senior executives. The company believes these changes address the concerns raised by institutional shareholders and will now allow shareholders to focus on the financial, operating and strategic benefits of the proposed merger.
This was first
announced in July but it has taken them a couple months to hammer out the details...
Since I drink neither, this has little effect but it will be interesting to see what will happen in the commercial beer market. I either home-brew or get local beer (currently very fond of this one:
Stone Brewing -- Arrogant Bastard Ale) a bit over-the-top attitude but an excellent beer.
Posted by DaveH at October 17, 2004 7:17 PM