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Stock impact report

Pabst claims MillerCoors is trying to put it out of business [FOX News]

Molson Coors Beverage Company Molson Coors Brewing Company Class A (TAP.A) 
US:NYSE Investor Relations: ir.molsoncoors.com/overview/default.aspx
Company Research Source: FOX News
By Ivan Moreno | Associated Press Pabst Brewing Company and MillerCoors are going to trial. (AP Photo/Ivan Moreno) Pabst Brewing Company and MillerCoors are going to trial, with hipster favorite Pabst contending that MillerCoors wants to put it out of business by ending a longstanding partnership through which it brews Pabst's beers. The case has high stakes for Pabst, whose lawyers argue that the company's very existence relies on the partnership with Chicago-based MillerCoors, which produces, packages and ships nearly all its products, which include Pabst Blue Ribbon, Old Milwaukee, Natty Boh and Lone Star. MillerCoors, meanwhile, says it's not obligated to continue brewing for Pabst and that Pabst doesn't want to pay enough to justify doing so. The trial in Milwaukee County Circuit Court began Monday and is scheduled through Nov. 30. MILLER HIGH LIFE, THE 'CHAMPAGNE OF BEERS,' WILL SOON COME IN ACTUAL CHAMPAGNE BOT Show less Read more
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