A Silver Bullet Surprise

It's hard to believe that it's been a year since Coors announced its merger with Molson. Molson Coors posted another tough quarter, with lower net income due to a special tax charge related to their Brazilian operations. The company also plans to file an amended 10-Q later in the week related to Q1 earnings to correct a US tax misallocation related to the UK purchase. But putting the accounting business aside, which is just smoke and mirrors anyway, Coors actually had a decent quarter compared to the Q1 disaster, particularly above the line.

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