Buyers and Sellers with an Eye on Napa Valley
Posted: Nov 18, 2008 4:34pm ET
The Chateau Montelena deal may be dead and we may never know all the reasons why. I still believe that Montelena’s owner Jim Barrett wanted to sell the winery and was elated to have a buyer. Whether he changed his mind and wants to keep the property, or the economy changed the would-be buyer's mind and forced him to rethink his strategy, is unknown.
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