Business Services Industry
Foreign Company May Get Chance to Purchase Miller Brewing Co.
Knight Ridder/Tribune Business News, December, 2001
By Tom Daykin, Milwaukee Journal Sentinel Knight Ridder/Tribune Business News
Dec. 7--Miller Brewing Co.'s corporate parent may be quietly entertaining inquiries from foreign companies that are interested in buying the nation's second-largest brewer, industry analysts said Thursday.
There are no indications that any sale is imminent, and global tobacco giant Philip Morris Cos., which has owned Miller since 1969, has said in the past that the brewer is not for sale. Miller has about 1,900 employees in Milwaukee and is one of the city's most visible companies -- both locally and throughout the world.
However, the focus on Miller's future has been sharpened by a recent report in the Financial Times, a London newspaper. The newspaper...
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