Beer Influenced Disclosure

SEC is investigating and some investors have
filed lawsuits. The new beer entity Molson
Coors Brewing seemed a little too hasty as
it stumbled up to the merger alter. Beer demand is off. The NHL hockey lock out had a negative effect on beer sales in Canada. This is apparently a surprise to the investing public. In the corporate haste to consumate the merger it seems senior managements did not point out the potential effects of the disastrous labor dispute. The SEC is investigating. Molson Coors says they are co-operating.
In this case perhaps management and investors were co-dependent in their pursuit of suds driven profits. Sporting events drive beer sales. This is not new news. Management was whistling through the graveyard of a lost NHL season. Investors had visions of financial sugar plums dancing through their due diligence radars.
Dig two graves I say. I am not impressed with either side on this issue. Recycle the empties and lets try again.