- American City Business Journals•26 minutes ago
Shares in Molson Coors Brewing Co. tumbled Wednesday amid reports that a long-planned merger of beer making giants — a merger under which Molson Coors would assume full control of its U.S. business — may be running into trouble. Shares in Denver- and Montreal-based Molson Coors (TAP) closed at $93.13, down about 5 percent from the previous day’s close of $98.11. As a side-effect of the planned purchase of SABMiller plc by Belgium-based Anheuser-Busch InBev NV, Molson Coors plans to assume full control of MillerCoors, its joint venture with SABMiller that sells Coors Light, Miller Genuine Draft and other Molson Coors and SABMiller products in the U.S.
|Bid||121.84 x 100|
|Ask||121.86 x 300|
|52wk Range||102.58 - 132.91|
|Day's Range||121.38 - 122.07|
|Avg Vol (3m)||1,494,747|
As of 9:55 AM EDT. NYSE Real Time Price. Market open.