Afternoon Brief, November 16th

The Duckhorn Portfolio Announces an Agreement to Acquire Sonoma-Cutrer Vineyards: The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the “Company”) announced today that it has entered into a definitive agreement to acquire Sonoma-Cutrer Vineyards (“Sonoma-Cutrer”), one of the largest luxury Chardonnay wineries in the U.S., from Brown-Forman Corporation (“Brown-Forman”), for approximately $400 million to be paid in a combination of Company stock and cash...

Through The Wine Shop on the Instacart Marketplace, Customers in 39 states and Washington D.C. Now Can Have Wine Boxes Delivered Directly to Their Door LOS ANGELES, CA, November 19, 2020 — DRINKS, the leader in online wine, today announced the expansion of its collaboration with Instacart to offer curated wine packs to customers via […] The post DRINKS Announces Expansion of ‘The Wine Shop’ on Instacart Ahead of the Holidays appeared first on Wine Industry Advisor. Url:https://wineindustryadvisor.com/2020/11/19/drinks-expansion-wine-shop?utm_source=rss&utm_medium=rss&utm_campaign=drinks-expansion-wine-shop Published Date:Thu, 19 Nov 2020 23:07:55 +0000