« Michelle Rodriguez Gets 120 Days in the Slammer! | Main | Brit a No-Show in Court »

Coors-Miller merger on tap

FSDASD.jpg


The nation's second and third-largest brewers, Miller and Coors, are planning to blend their U.S. operations to help them compete in a struggling U.S. industry and against its leader, Anheuser-Busch.

The deal, announced Tuesday, will place almost 80 percent of the U.S. beer market in the hands of just two companies, the new MillerCoors and Anheuser-Busch, making it a likely target for a tough antitrust review.

Miller Brewing Co., owned by SABMiller PLC, has about 18 percent of the market, as of last year, according to trade publication Beer Marketer's Insights. Molson Coors Brewing Co. has almost 11 percent and Anheuser-Busch Cos. has just under half the market.


[AP]

  • Currently 4.8/5
  • 1
  • 2
  • 3
  • 4
  • 5
Rating: 4.8/5 (4 votes cast)


Close

Email this entry to:


Your email address:


Message (optional):


AddThis Feed Button

TrackBack

TrackBack URL for this entry:
http://wizbangpop.com/cgi-bin/mt-tb.cgi/24733

Comments (2)

Maybe they wouldn't be stru... (Below threshold)
msuv:

Maybe they wouldn't be struggling if their beer wasn't so piss-watery.

Who thinks that moving your... (Below threshold)
Imhotep:

Who thinks that moving your headquarters from Colorado to Massachussets is a good business plan? And that's exactly what Coors did several years ago.


Post a comment


Contact

Send e-mail tips to us:

poptips@wizbangblog.com

Categories

Archives

Credits

Publisher: Kevin Aylward

Section Editor: Tracey Coyle

All original content copyright © 2003-2007 by Wizbang®, LLC. All rights reserved. Wizbang® is a registered service mark. Wizbang Pop™ is a trademark of Wizbang®, LLC.

Powered by Movable Type 3.35

Hosting by ServInt

Ratings on this site are powered by the Ajax Ratings Pro plugin for Movable Type.

Search on this site is powered by the FastSearch plugin for Movable Type.

Blogrolls on this site are powered by the MT-Blogroll.

Temporary site design is based on Cutline and Cutline for MT. Graphics by Apothegm Designs.

Author Login

Site Meter


Terms Of Service

DCMA Compliance Notice