Shareholders in Molson have voted overwhelmingly in favour of the proposed merger with Coors. In a special shareholder meeting held on Friday (28 January), Molson Class A and Class B shareholders approved the proposed move.
A total of 80.2% of Class A non-voting shares voted for the merger, while 84.3% of Class B common shares voted in favour.

"This transaction marks a new and important chapter in Molson's history," said Eric H. Molson, chairman of Molson. "This merger builds on the strategic and cultural fit between our two companies and creates a global brewer with the operating scale, resources and geographic coverage necessary to compete in today's consolidating brewing industry."

The proposed merger requires the approval of Coors stockholders scheduled for tomorrow (1 February) in Golden, Colorado.

"This has been a long process and I am thankful that our shareholders have supported us and have understood the strategic and economic value of this transaction," Eric Molson concluded.