Editing Miller Brewing Company (section)

==History==
[[File:Miller Valley, location of the Miller Brewing Company, in Milwaukee, WI.JPG|thumb|left|Miller Valley in Milwaukee, site of the Miller Brewing Company complex]]

Miller Brewing Company was founded in Milwaukee in 1855 by [[Frederick Miller]] after his emigration from [[Hohenzollern, Germany]], in 1854 with a unique [[brewer's yeast]]. Initially, he purchased the small Plank Road Brewery for $2,300 ($82,280 in 2024).<ref>{{cite web |url = http://www.molsoncoors.com/en/our-story/our-history |title = Our History |author = <!--Staff writer(s); no by-line.--> |date = 2017 |publisher = Molson Coors |access-date = January 31, 2017 |archive-url = https://web.archive.org/web/20161221073727/http://www.molsoncoors.com/en/our-story/our-history |archive-date = December 21, 2016 |url-status = dead }}</ref> The brewery's location in what is now the Miller Valley provided easy access to raw materials produced on nearby farms. In 1855, Miller changed its name to Miller Brewing Company, Inc.<ref>{{cite web |url = https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapid=887731 |title = Company Overview of Miller Brewing Company, Inc. |author = <!--Staff writer(s); no by-line.--> |date = January 31, 2017 |website = Bloomberg Research |access-date = January 31, 2017 }}</ref> The enterprise remained in the family until 1966.

The company was one of six breweries affected by the [[1953 Milwaukee brewery strike]]. In 1961, Miller purchased the smallest of the "Big Five" Milwaukee brewers, [[A. Gettelman Brewing Company]].<ref name="A. Gettelman Brewing Company">{{Cite web|url=https://emke.uwm.edu/entry/a-gettelman-brewing-company/|title=A. Gettelman Brewing Company {{!}} Encyclopedia of Milwaukee|language=en-US|access-date=2019-02-11}}.</ref>

In 1966, the [[Conglomerate (company)|conglomerate]] [[W. R. Grace and Company]] bought Miller from Lorraine John Mulberger (Frederick Miller's granddaughter, who objected to alcohol) and her family. In 1969, Philip Morris (now [[Altria Group|Altria]]) bought Miller from W. R. Grace for $130&nbsp;million, outbidding [[PepsiCo]].

In 1999, Miller acquired the [[Hamm's]] brand from [[Pabst Brewing Company|Pabst]].

In 2002, [[South African Breweries]] bought Miller from Philip Morris for $3.6&nbsp;billion worth of stock and $2&nbsp;billion in debt to form [[SABMiller]], with Philip Morris retaining a 36% ownership share and 24.99% voting rights.

In 2006, SABMiller purchased the [[Sparks (drink)|Sparks]] and [[Steel Reserve]] brands from [[McKenzie River Corporation]] for $215&nbsp;million.<ref>{{cite news |url = http://www.chron.com/default/article/Miller-dives-into-caffeinated-drinks-with-215-1879237.php |title = Miller dives into caffeinated drinks with $215&nbsp;million deal |work = [[Houston Chronicle]] |date = July 4, 2006 |last = Fredrix |first = Emily |agency = [[Associated Press]] |access-date = February 3, 2016 }}</ref> Miller had been producing both brands prior to the purchase.<ref name=acquires>{{cite news |title = SABMiller Acquires 2 Brands |url = https://www.latimes.com/archives/la-xpm-2006-jul-04-fi-sparks4-story.html |agency = [[Bloomberg News]] |date = July 4, 2006 |work = [[Los Angeles Times]] |access-date = February 4, 2016 }}</ref>

On July 1, 2008, SABMiller formed [[MillerCoors]], a joint venture with rival [[Molson Coors]], to consolidate the production and distribution of its products in the United States, with each parent company's corporate operations and international operations to remain separate and independent of the joint venture. SABMiller owned 58% of the unit, which operated in the United States but not in Canada, where Molson Coors is strongest, but the companies had equal voting power.<ref name=venture>{{cite news |title = Coors, Miller in U.S. Venture |url = https://www.thestreet.com/story/10383471/1/coors-miller-in-us-venture.html |work = [[TheStreet.com]] |date = October 9, 2007 }}</ref><ref>{{cite news |url = http://www.canada.com/nationalpost/financialpost/story.html?id=44366e58-52e1-49e9-a072-8e874c80a5f7&k=43818 |title = Molson Coors and SABMiller merge U.S. operations |access-date = February 4, 2016 |work = [[Financial Post]] |date = October 9, 2007 |archive-url = https://web.archive.org/web/20100721233858/http://www.canada.com/nationalpost/financialpost/story.html?id=44366e58-52e1-49e9-a072-8e874c80a5f7&k=43818 |archive-date = July 21, 2010 }}</ref>

===Sole ownership by Molson Coors===
In September 2015, [[Anheuser-Busch InBev]] announced it had reached a full agreement to acquire SABMiller for $107&nbsp;billion.<ref>{{cite web |url = https://www.forbes.com/sites/taranurin/2016/10/10/its-final-ab-inbev-closes-on-deal-to-buy-sabmiller/#2e5f846437d6 |title = It's Final: AB InBev Closes On Deal To Buy SABMiller |last = Nurin |first = Tara |date = October 10, 2016 |website = Forbes |access-date = January 28, 2017 }}</ref> As part of the agreement with the [[United States Department of Justice|U.S. Justice Department]], SABMiller divested itself of the Miller brands in the U.S. by selling its stake in MillerCoors to Molson Coors.<ref name="Brown"/><ref>{{cite news |url = http://www.denverpost.com/2015/11/11/molson-coors-buying-rest-of-millercoors-for-12-billion/ |title = Molson Coors buying rest of MillerCoors for $12&nbsp;billion |date = November 11, 2015 |work =  Denver Post |access-date = October 31, 2016 }}</ref> Consequently, on October 11, 2016, SABMiller in the U.S. sold its interests in MillerCoors to Molson Coors for around US $12&nbsp;billion. Molson Coors gained full ownership of the Miller brand portfolio outside the US, and retained the rights within the U.S. (including Puerto Rico).<ref name="acq"/><ref>{{cite news |first = Greg |last = Trotter |date = October 11, 2016 |url = http://www.chicagotribune.com/business/ct-millercoors-molson-coors-1012-biz-20161011-story.html |title = With new owner, MillerCoors focuses on growth |work= Chicago Tribune |access-date = February 25, 2017 }}</ref>