Exact(8)
A minimum price was set for alcohol, to curb binge-drinking.
According to one of those people, a minimum price was to be paid at the closing, and later in the year the two sides would base the ultimate price on sales figures, probably for the third quarter.
The Scottish Beer and Pub Association said that the minimum price was likely to encourage illicit sales similar to the booze cruises on which consumers loaded up their cars with cheap alcohol on trips to the Continent in the 1990s.
Jim Andrews, a senior vice president of IEG, a sponsorship research, valuation and consulting company in Chicago, said that the minimum price was probably $1 million but that the "multiplier for new Yankee Stadium was probably two or three, so it's probably $2 million or more".
The industry said a minimum price was misguided and would hit consumers hard.
A minimum price was expected to be included as part of the 2012 Alcohol Strategy.
Labour said a minimum price was not a "magic bullet" and could only work if it was part of a balanced package of anti-abuse measures.
The Wine and Spirit Trade Association said a minimum price was wrong in principle and would punish families on low incomes and pensioners.
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