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States find mixed success with privatized liquor sales

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Cash-strapped states such as Virginia have been privatizing their liquor operations for the last 20 years, with mixed results. Iowa, for example, took its retail side private in the 1980s, converting its 207 state stores into 256 private stores overnight, said Tonya Dusold, a spokeswoman for the state's Alcoholic Beverages Division. The state is making more money than it did when it ran the...

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