Saturday, June 2, 2012

Ascentia to sell wines to Gallo, Accolade-source

NEW YORK, June 1 (Reuters) - California's Ascentia Wine
Estates is near a deal to sell its Columbia wine brand to E&J
Gallo Winery and its Geyser Peak brand to Australia's Accolade
Wines, a source familiar with the situation said on Friday.

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