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It also received the silver medal at the 2003 Great American Beer Festival. MGD received the gold medal in the American-style Premium Lager category at the 1999 World Beer Cup. Introduced in 1985 with the claim of tasting like draft beer, as that the beer is cold filtered and not pasteurized.
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Molson Coors gained full ownership of the Miller brand portfolio outside the US and Puerto Rico, and retained the rights to all of the brands that were in the MillerCoors portfolio for the U.S. sold its interests in MillerCoors to Molson Coors for around US$12 billion. Consequently, on October 11, 2016, SABMiller in the U.S. Justice Department, SABMiller agreed to divest itself of the Miller brands in the US and Puerto Rico by selling its stake in MillerCoors to Molson Coors. In September 2015, Anheuser-Busch InBev announced that it had reached a full agreement to acquire SABMiller for $107 billion. 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. 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. Miller had been producing both brands prior to the purchase. In 2006, SABMiller purchased the Sparks and Steel Reserve brands from McKenzie River Corporation for $215 million cash. In 2002, South African Breweries bought Miller from Philip Morris for $3.6 billion worth of stock and $2 billion in debt to form SABMiller, with Philip Morris retaining a 36% ownership share and 24.99% voting rights. In 1999 Miller acquired the Hamm's brand from Pabst. Grace for $130 million, outbidding PepsiCo. In 1969, Philip Morris (now Altria) bought Miller from W. Grace and Company bought Miller from Lorraine John Mulberger (Frederick Miller's granddaughter, who objected to alcohol) and her family. The company was one of the six breweries affected by the 1953 Milwaukee brewery strike. The enterprise remained in the family until 1966. In 1855, Miller changed its name to Miller Brewing Company, Inc. The brewery's location in what is now the Miller Valley provided easy access to raw materials produced on nearby farms. Initially, he purchased the small Plank Road Brewery in Milwaukee for $2,300 ($66,736 in 2018). Miller Brewing Company was founded in 1855 by Frederick Miller after his emigration from Hohenzollern, Germany in 1854 with a unique brewer's yeast.
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