100% false. It is a joint venture that has a 50-50 split of board spots. Miller actually has a higher, I believe, 58% financial stake in the the JV. Also, this is only for the distribution and production of products sold in the USA and Puerto Rico. Yes the first CEO is from Coors but he is a damn good one. The next CEO is former Miller CEO Tom Long who is now the #2 man of MillerCoors. It more has to do with the fact that Coors Light will soon be brewed in Milwaukee as Coors only has 2 breweries compared to the 8 Miller has. This is the largest gain Coors will get in the JV. Also, it will help MillerCoors brew more of their own brands with their excess capacity instead of doing so much contract brewing (Sam Adams, Pabst, Schlitz, Blatz, ect.)