Game Changer: Wirtz and McLane Enter Missouri with MoBev

Dear Client:Just when we thought Missouri couldn't get any more complicated. It has just been announced that Wirtz Beverage and McLane Company (owned by Warren Buffett's Berkshire Hathaway) have formed a joint-venture and entered into an agreement with Missouri Beverage (MoBev). The deal is expected to close in May. Bill Reichhardt will continue to serve as president. Terms of the deal were not disclosed.The move represents Wirtz' entrance into Missouri and McLane's entrance into the wine and spirits business in