date:Oct 09, 2012
An investment firm controlled by the family of hedge fund manager James Simons will buy Portland-based Columbia Distributing, one of the nation's largest beverage distributors.
The company -- which distributes beer, wine, spirits and some non-alcoholic drinks -- said it would be acquired by Meritage Group LP and that its operations wouldn't change. The price was not disclosed.
Columbia employs 2,500 in Oregon and Washington.
I look forward to working with Meritage and our existing team as