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The Miller Brewing Company is an American brewery and beer company in Milwaukee, Wisconsin. It was founded in 1855 by Frederick Miller . Molson Coors acquired the full global brand portfolio of Miller Brewing Company in 2016, [ 1 ] [ 2 ] and operates the Miller Brewery at the site of the original Miller Brewing Company complex.
In 2016, Molson Coors acquired Miller Brewing Company for approximately US$12 billion. [4] The agreement made Molson Coors the world's third largest brewer. [5] Molson Coors is a publicly traded company on both the New York Stock Exchange and Toronto Stock Exchange. Molson Coors has been a constituent of the S&P500 since 2005. [6]
Molson Coors was created by the merger of two of North America's largest breweries: Molson of Canada, and Coors of the United States, on February 9, 2005. [1] Molson Coors acquired full ownership of the Miller brand portfolio from SABMiller in 2016. [2]
MillerCoors was a beer brewing company in the United States. MillerCoors was formed in 2008 as a joint venture between SABMiller and Molson Coors to combine their brewing, marketing and sales operations in the United States. [1] [2] [3] The company was acquired by Molson Coors in 2016. [4]
The stock of Miller Industries (NYSE:MLR, 30-year Financials) appears to be significantly overvalued, according to GuruFocus Value calculation.
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