Chalone Could Become Private in New Venture by Three Wine Companies
Issue: July 31, 2004
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.