Billion-dollar Stag’s Leap Wine Cellars Sale May Be A Tactic To Bid Bid The Property Up From a Up A Much Lower Valuation

November 14, 2021

Bloomberg reported on Nov. 11 that Sycamore Partners was “Weighing $1 Billion Sale of Stag’s Leap Wine.” The Bloomberg article stated that, “Sycamore Partners is considering selling Stag’s Leap Wine Cellars for about $1 billion just one month after acquiring the label from Altria Group Inc., according to people with knowledge of the matter.” They […]