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Posted AT 9:20 PM EDT on 22/07/08

Alberta's Liquor Stores fund strikes deal for Alaska's Brown Jug

From Wednesday's Globe and Mail

CALGARY — Liquor Stores Income Fund is making a foray outside of Canada, striking a deal Tuesday for a chain of stores in Anchorage, Alaska. The deal for Brown Jug Inc., which runs 19 stores, will bring the fund's tally to 230 outlets. “We looked at a lot of different states and did a lot of homework on varying states in the last year,” said Richard Crook, the fund's president.

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