Coors-Stroh Letter of Intent Expires: A letter...
From Times Staff and Wire Reports
Coors-Stroh Letter of Intent Expires: A letter of intent for Coors Brewing Co. to buy Stroh Brewing Co.’s domestic beer-making operations for $425 million expired with no sale, freeing Stroh to seek other buyers. Coors cited unresolved matters in the transaction and concern with antitrust issues.