Floodgate: Prime Sonoma Vineyard,150K-case winery Sold for $100 (Not A Typo)

May 28, 2014

For Sale, Sold, Sold Again: Floodgate Vineyard: 15 prime acres and a 150,000-case winery . Spring, 2013: Listed for $17 million. June 2013, Sold: $10.2 million May 22, 2014, Sold at Sonoma County Sheriff’s auction for $100 (not a typo). (Brief Update, May 29, 2014: Floodgate LLC Attorney Disputes Vineyard Sale Validity) When William Hambrecht […]

Codorniu Outside Shareholders Scramble For An Exit

May 8, 2014

All of the non-family shareholders in Grupo Codorniu are disappointed in the company’s financial performance and are shopping a prospectus to sell their holdings. According to sources in Europe and confirmed by other international players who have shared parts of the prospectus with Wine Executive News, the non-Ravento-family holdings amount to 20% of the Spanish […]