Cheers! Binny's Buys Sam's

By Andrew Greiner
|  Friday, Oct 9, 2009  |  Updated 11:30 AM CDT
View Comments (
)
|
Email
|
Print
Cheers! Binny's Buys Sam's

Salut, Binny.

advertisement

Chicago’s choice of liquor purveyors just got watered down.

Binny’s Beverage Depot agreed to buy rival liquor store chain Sam’s Wine and Spirits for an undisclosed sum, according to the Chicago Tribune.

The sale completes years of frustrating talks between the two family owned business that have operated in Chicago since the 1940s. It also spares Sam’s a further decline.

Sam’s has been struggling to remain viable during the last decade. They’ve closed two stores – one in Highland Park and another in the South Loop – since 2007.

Binny’s has been going the opposite direction and the acquisition of Sam’s brings the total number of Binny’s Beverage Depot’s in the Chicago area to 24.

Niether Binny’s nor Sam’s returned calls to the Tribune seeking comment.

Get the latest headlines sent to your inbox!
View Comments (
)
|
Email
|
Print
Leave Comments
What's New
Get Our Weather App
Stay ahead of the storm with the NBC... Read more
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out