Mega beer likes to blow cash on lawyers

[madscientist451]

Looks like Pabst and Miller are keeping doing their part to keep lawyers employed:

https://www.yahoo.com/finance/news/pabst-says-millercoors-trying-put-154612130.html

 

[devilssoninlaw]

Imagine that.....beer lovers want a "fuller flavor"! Then why are you continuing brewing Coors and Miller????

 

[day_trippr]

Because ~80 percent of the market still buys it - preferentially?
What's clear is MillerCoors is running a competitive business and doesn't think contract brewing for a competitor makes sense.
I don't have a problem with it. If Pabst wants to continue as a going concern either they make MC's math work or they build their own brewery...

Cheers!

 

[OleBrewing]

pabst screwed up long ago by contracting all their brewing to another (all eggs in one basket per say). Now they will be screwed as they don't have a back up plan. which if they go belly up I wont have any cheap old mil or pbr to drink. of course there will be the union to deal with if miller closes down a brewery to say that they don't have the capacity any more. my guess is that PBR will be brewed in mexico in the future if they don't build their own facility.

 

[MaxStout]

Nature abhors a vacuum. Someone will step in to pick up that brewing contract if MC wriggles out of it. Four million bbls annually is a lot, but not outside the possiblilty that a consortium of brewers could fill the void.

 

[DromJohn]

Pearl [AKA Pabst] gave up its San Antonio brewery in 2001.

 

[bracconiere]

Isn't millercoors inbev now, so.... this is why i started malting my own back in 2015 when they got bought....

 

[day_trippr]

It is a bit confusing but at this time MillerCoors is not a part of Anheuser-Busch InBev SA/NV.
From Wikipedia...

"On October 10, 2016 Anheuser-Busch InBev acquired SABMiller for £69 billion (US $107 billion). SABMiller then ceased trading on global stock markets. The new company, now Anheuser-Busch InBev SA/NV, subsequently sold the MillerCoors beer company to Molson Coors and sold many of the European brands to Asahi Breweries. In effect, MillerCoors became the U.S. business unit of Molson Coors. In Canada, Molson Coors regained the right (from SABMiller) to make and market Miller Genuine Draft and Miller Lite."

Cheers!

 

[triethylborane]

Hmm, I recall Left Hand Brewing hiring Holland and Hart for some case related to a claim of infection (or similar). So blowing cash on attorneys is not only for mega beer.