IT’S FINAL: COOPERS SHAREHOLDERS SAY NO

93% of Coopers Brewery shareholders voted in favor of removing Lion Nathan’s pre-emptive share purchase rights today, dealing a serious blow to the Australian company’s acquisition plans. Coopers managing director Tim Cooper said, “We would not have thought there is merit pursuing us in further litigation. The shareholders are very happy for us to be left alone to continue what we do best, which is run as an independent brewery in Australia.” However, Lion Nathan has chosen to keep the