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January 28, 2013
Gap's Crown Vineyard sold for over $13m
Gap's Crown Vineyard, a Sonoma Coast estate owned by the California Public Employees Retirement System (CalPERS) in a joint venture with Premier Pacific Vineyards, has been sold for over $13m to Bill Price, a financial investor who holds ownership interests in wineries such as Kistler, Three Sticks, Gary Farrell, Kosta Browne and Durell Vineyard.