Molson Coors Says SEC Requests Merger Data
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From Bloomberg News
Molson Coors Brewing Co. said the Securities and Exchange Commission requested documents on first-quarter results and the $3.4-billion merger that created the world’s fifth-largest brewer, after investors claimed the company misled them about declining sales.
The lawsuits allege that the company failed to disclose a slump in revenue before shareholders approved the merger of Adolph Coors Co. and Molson Inc. in January and February.
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