Lipman Buys Tenn. Wine & Spirits – Distributor Consolidation Shaking Up State

May 18, 2011

A little more than a year after Warren Buffett shook up the wine and spirits distribution world by buying Tennessee’s largest distributor, the state’s second largest — Lipman Brothers, — has signed a deal to buy its smaller rival Tennessee Wine and Spirits (TWS). While neither company’s CEO was available for comment, sources close to
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