In a move that illustrates the dramatic evolution of the global wine market, Domaines Barons de Rothschild (Lafite) made a $62.4-million bid in May to buy publicly traded Chalone Wine Group. The offer, for the 54 percent stake that the French company does not already own, is part of a joint venture with Constellation Brands and Napa Valley's Huneeus family.
For the full article, check out the new issue of Wine Spectator, on newsstands July 31, 2004.
Do you have a Wine Spectator magazine subscription? Save 50% on your Online Membership right now!
Sips & Tips | Wine & Healthy Living
Video Theater | Collecting & Auctions