The Successful Investor, in the September, 2016, issue, refreshes its buy of the Class B shares of Molson Coors Canada Inc., recently $129 ($133 for the Class A shares). The Investor said buy 19 times from June, 2005, to July, 2016, at prices ranging from $40 to $133 (the stock split 2 for 1 in September, 2007). A $1,000 investment for each of the 19 buys is now worth $47,988. The Investor says a major acquisition is set to "transform" Molson. The beer brewer, which already owns 42 per cent of MillerCoors, recently agreed to buy the 58 per cent that it does not already own for $12-billion (U.S.). (The seller, SABMiller, has accepted a takeover offer from fellow brewer Anheuser-Busch and must sell the MillerCoors interest to satisfy competition regulators.) Molson expects its annual sales to jump by $4.7-billion (U.S.) once it owns MillerCoors in full. As well, by merging its purchasing and distribution operations with those of MillerCoors, Molson expects to save $250-million (U.S.) annually. The acquisition is expected to close by the end of this year. Molson now trades at a reasonable 19.1 times its likely 2017 earnings of $5.18 (U.S.) a share, and its $1.64 (U.S.) dividend yields 1.7 per cent. Its Class B shares remain a buy.