Spec’s Expands Beyond the Lone Star State with Lee’s Liquor Acquisition

Dear Client:  Texas-based Spec's Wines, Spirits & Finer Foods announced over the weekend that it is expanding beyond its home state for the first time, acquiring Nevada's largest independent liquor chain Lee's Discount Liquor. Financial details were not disclosed.  Lee's Discount Liquor was founded in 1981 by Hae Un Lee, growing from a single store to more than 23 locations across Nevada.  Under terms of the agreement, Lee's will retain its name and continue to operate independently. "Lee's Liquor will