LynLake Brewery in south Minneapolis won't be taken over by Wisconsin-based Oliphant Brewing after all.
Oliphant was granted liquor licenses in January for 2934 Lyndale Ave. S., where LynLake operates, a sign that a deal was in the works between the two breweries, though neither company commented at the time.
LynLake founder Mark Anderson confirmed Wednesday that Oliphant's purchase agreement ultimately fell through.
"The deal did not close because Oliphant did not have the financial resources…