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sherpahigh 07-20-2004 10:57 AM

Molson merger
 
Read this article in the paper today:

Quote:

Molson, Coors merger rumoured


Canadian Press


Monday, July 19, 2004


ADVERTISEMENT



Talks of a merger between Canadian brewing giant Molson Inc. and American counterpart Adolph Coors Co. are heating up, according to a report Monday in the Wall Street Journal.
The talks are at a sensitive stage and could fall apart, sources familiar with the situation told the financial newspaper.

The two beer companies, which are of similar size, already have deals in place to distribute each other's products in their respective markets.

But the Wall Street Journal reported there are several hurdles in front of a deal, including a feud among Molson family members.

Coors representatives didn't return calls from the WSJ.

A Molson spokeswoman declined to comment on any specific talks, but told the newspaper that the two already work together and that "we do have conversations and we do have discussions with them. We are always assessing our strategic alternatives in an industry that's faced with consolidation."

Stock in the Montreal-based Molson (TSX:MOL) was up 49 cents, or 1.5 per cent, at $33.09 in early trading Monday on the Toronto Stock Exchange.
Can't wait for the new ad campaign.... "I AM sorta Canadian"

:lol:

OFKU0 07-20-2004 11:22 AM

Now we won't be able to tell the difference between regular piss and horse piss. Bah,...where's my Keith's.

losthellhound 07-20-2004 11:27 AM

Noooooo!

Oh wait.. I dont drink Molsons..

*whew* that was close

canuckguy 07-20-2004 04:38 PM

well not a canadian drinker myself (Bass Ale, 50 ale, and moosehead) seems like an odd merger. anything for the almighty dollar. there commericals will have to change. love the i am sorta canadian line.:D

Jam 07-21-2004 03:03 AM

damnt! now what am I going to do with my I AM CANADIAN underwear :(

highthief 07-21-2004 04:32 AM

It means nothing really. Interbrew owns Labatts - does your 50 or Blue taste any different? Of course not.

I personally drink Keith's but I could care less if it is owned by a wee Scotsman in Nova Scotia or a Japanese conglomerate.

Charlatan 07-21-2004 05:16 AM

I drink Unibrew's tasty beverages and rotate in whatever import or microbrew piques my curiosity...

Currently my fridge is stocked with:

12 Maudit
12 Touborg
12 Red Cap (stubbies... yay!)

All icy cold and waiting for me to consume...

I haven't made a practice of drinking Molson or Labbat's (except for their licensed brews like Corona) in an age... unless my Father in law offers me a beer... then there is a good chance I'll be drinking Blue or Canadian...

sherpahigh 07-21-2004 07:09 AM

Quote:

Originally posted by highthief
It means nothing really. Interbrew owns Labatts - does your 50 or Blue taste any different? Of course not.

I personally drink Keith's but I could care less if it is owned by a wee Scotsman in Nova Scotia or a Japanese conglomerate.

I realize that it actually means nothing in regards to the taste of thier low quality brews.

I just find it ironic that Molson, while running their "we're better than you" ad campaign which was actually made by an american ad company, might become a little less "Canadian", at least in ownership.

Temporary_User 07-22-2004 05:24 PM

the two companies are already in a sense merged.....
Coors light is sold here in Canada, and is brewed by molson, not coors.
It does actually taste different in the two countries.
My mom preferes the US made on though.

Church 07-23-2004 09:28 AM

I heard on the news that each company will keep its identity in its market, but even with the merger, its still at risk of being bought out by Miller or Heineken.

m0rpheus 08-12-2004 11:07 PM

Personally I love it, it means that I can now say I work for the biggest Canadian brewery :)


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