Dear Client: Minnesota-based Johnson Brothers announced today that it has signed a purchase agreement to acquire Texas-based wine and spirits distributor, Maverick Beverage Company, marking its entry into the Texas market. While financial details of the deal weren't disclosed, Johnson Bros. will acquire Maverick's Texas, Arizona, Colorado, and Florida operations as part of the agreement. In addition, about 400 team members from Maverick will join the Johnson Bros. company. "Like Johnson Brothers, Maverick has a phenomenal reputation for building premium
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