Also, they were offered top dollar by Japan Tobacco. Japan Tobacco very much wants to establish a presence outside Japan. |
It's also a positive because management doesn't have to go through the cost and distraction of having a proxy fight in the spring. |
Obviously, when a class-action suit gets going there's negative publicity. But it's hard to generalize. If you've got an asbestos case or a breast implant case, you're looking at bankruptcy. But with tobacco, some suits are settled or thrown out. |
Trading over the counter for a company the size and importance of Coors is operating somewhere in the Stone Age. |