Description: With their finances on the rocks, states that control the sale of liquor to the public are looking at handing the job to private enterprise, a move that could raise revenue, streamline government, and prove a boon to the spirits industry.
Source: Marketwatch.com
Date: 02/06/2010
Link:Â http://www.marketwatch.com/story/liquor-store-privatization-a-boon-for-big-booze-2010-02-06
Questions for discussion:
- How will this move by state governments affect industry financials?
- How are investors likely to react?
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