Pabst and MillerCoors Settle
As jurors were reaching the end of their first full day of deliberations in Pabst Brewing Co.'s contract case against MillerCoors, the two beer-makers told the judge they had agreed to a settlement. Terms were not immediately available, but Pabst's CEO had testified that if MillerCoors didn't agree to extend its current contract to make Pabst's beers, it might go out of business.
"The parties have amicably resolved all outstanding issues in the case,” says a Pabst....