Molson Coors profits down 53 percent

August 7, 2012 | Filed under: AM Roundup | Posted by:
Share via email

Molson Coors said its second quarter profits dropped 53 percent based on higher acquisition costs, said the Denver Business Journal.

Profits for the Denver-based brewer fell to $104.3 million because of the cost of financing and acquiring European Star Bev.

Read more at the Denver Business Journal.