Wine Business Stock News
Nov 2003 Issue of Wine Business Monthly
September saw changes which will impact the WBX in the future. On September 12, the Golden State Vintners board of directors announced a 1 for 5,900 reverse stock split thus beginning the process of taking GSV back into private ownership. The reverse split still has to be approved at the November annual shareholder meeting. After several months of flirting with the Nasdaq $1 minimum share price, Geerlings & Wade also announced its intention to revert to private ownership on September 30. As ...
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