Coors, Molson merger is golden

09/03/2004

Canada’s Molson and Adolph Coors of Golden, Colo., announced in July they will merge in a stock swap worth $6 billion. The deal, subject to shareholder approval, would "create a new company that would become the fifth largest brewer in the world as measured by volume of beer sold," Molson officials said. The new entity is to be called Molson Coors Brewing Co., and will be listed on the New York Stock Exchange and the Toronto Stock Exchange.