PE-Backed RUM to Acquire Liquor Stores

Rocky Mountain Liquor, Inc. (RUM), an Edmonton-based company which owns and operates private liquor stores across Alberta, has entered into an agreement to acquire four additional stores in the province.The aggregate price of the purchase, which remains subject to certain conditions, is estimated to be C$3 million. According to Thomson Reuters (publisher of peHUB Canada), RUM received private equity investment in 2010.

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