Mondavi Seals the Deal

Link: Constellation closes Mondavi

Reuters is reporting that Constellation has closed the Mondavi deal adding the Mondavi brands and reputation into its porfolio of beverage. Good news for stock holders, wait-and-see for wine lovers, big loss for Napa wine tradition – one of the pioneers of premium Napa wines with global reputations doesn’t own the rights to his own name any longer.

Author: Joel Vincent

Growth Hacker and wine lover

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