Friday, June 8, 2007

Liquor Stores caps bitter Liquor Barn takeover

(Reuters) - The deal, which met with hostile resistance from Liquor Barn Chief Executive John Mather, creates a Western Canada retailer with 188 outlets and a market capitalization of about C$470 million.



Liquor Stores launched its unsolicited offer in April after initial approaches to Liquor Barn management in mid-2006 were rebuffed.


Read more at Reuters.com Mergers News

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