Sporting KC Becomes Envy Of City, League Is Angelos Becoming More Hands-On? Yankees Likely To Keep Spending Brandon's Toronto Comments Show Discord Pistons Seeing Jump In Ticket Sales Dolan Vs. Prokhorov Hurting Teams? Yankees Spend Big On Jacoby Ellsbury Bills' Brandon Discusses Future Of Toronto Series Five Former Chiefs Sue Team Over Concussions Indians To Close Three Team Shops
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.