Royals' Glass Satisfied Long Journey Has Paid Off Challenges Await Ballmer In Running Clippers Chicago Sports Team Owners Get Together Royals' Glass Says GM Moore Will Stick Around Irsay Breaks Silence After Suspension Leafs Form Analytics Partnership With SAS Pirates Raising Ticket Prices For '15 Rays' Silverman Ready For Challenge Franchise Notes Dodgers Hire Friedman As Top Baseball Ops Exec
Upcoming Conferences and Events
ENDING DRIVE TO DIVERSIFY, MOLSON PLANS TO SELL DIVERSEY
Published January 24, 1996
Molson Cos., ending a drive to diversify away from its core business, said it has agreed to sell most of its cleaning- chemicals division for C$780M. Molson hasn't decided on whether it will sell the rest of the division, which it estimates could net the company another C$350M. Molson President & CEO Marshall Cohen said the actions "are consistent with our desire to strengthen Molson's focus on its traditional roots in brewing and sports" (Larry Greenberg, WALL STREET JOURNAL, 1/24). Molson owns the Canadiens, the Forum and the new Molson Centre.