The deal, which is set to close Wednesday, includes the 12,000-case-a-year Lancaster Estate and 35,000-case-a-year Roth Estate brands, the Chalk Hill Road winery and tasting room, 6,000-square-foot guest house, 42 acres of existing mostly Bordeaux-variety vines, mainly Cabernet Sauvignon, according to Mr. Foley.
Nearly five years after taking over cash-strapped Viansa Winery & Marketplace in Sonoma Valley, a New York-based hedge fund is considering a buyout offer from a former executive who quickly returned Viansa to profitably and has been running it since.
The winery is located right over the water, nearly at the end of Pier 41 and was completely exposed with no buffers from high winds. Red Hook is still without power, numerous renovations are needed and its insurance will not cover loss from flooding.
As the 130th BevMo! serving California, Arizona and Washington, the new 10,000 square foot location will feature a selection of more than 1,695 wines, 1,690 spirits, 1,560 beers and hundreds of gourmet food items, cocktail mixers, glassware, bar accessories and more.
The latest research by a University of Missouri scientists found that the compound can make prostate tumor cells more susceptible to radiation treatment, helping to increase a full recovery from all types of prostate cancer.