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Tag Archives: McLane Company

• Warren Buffett's Love Affair With Liquor

When Warren Buffet buys into a new line of business, I get very interested. McLane, a wholly-owned subsidiary of Buffett’s Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B), announced on October 29th that it was acquiring Horizon Wine & Spirits, the largest wholesale distributor of alcohol in Tennessee.  This is just the latest expansion into the liquor […]