Office hunting
Molson Coors and SABMiller are expected to look for new headquarters.
Molson Coors Vice Chairman Pete Coors told local media in February that it was “not likely” the MillerCoors headquarters would be in Denver or Milwaukee.
People close to the action believe that the joint venture partners SABMiller and Molson Coors were strongly mulling Chicago or Dallas as headquarter sites.
“There’s a fairly strong sense a neutral site would be important,” said Coors. “If you pick one city over another, people in the other city will say, ‘They’re running the deal.’ I don’t think that’s particularly healthy.”
Naming specific cities at this stage is totally speculative.
The Molson Coors headquarters are expected to remain in Denver and Montreal. While Golden-based Coors Brewing will cease to exist as an operating company, MillerCoors will continue to use the brewery here.
Two Wall Street analysts have singled out Chicago or Dallas as possible headquarter cities.