Published April 6, 2010 at 9:00 AM
"There are some really great opportunities to snag some brands and to snag some wineries and some land" in the valleys of Sonoma and Napa in California and Willamette in Oregon and Walla Walla in Washington, says Wine Library TV founder Gary Vaynerchuk in this video interview with The Deal. Analysts are predicting a shakeout in wine country this year, with many hobby and lifestyle wineries expected to crumble under the pressures of the recessions, creating buying opportunities ripe for the picking for wineries including Antica Terra, a Willamette Pinot Noir vineyard owned by a trio of investment bankers and up-and-coming winemaker Maggie Harrison. Watch the video below or download it on iTunes.--Mary Kathleen Flynn
Denis A. Bovin, who has connections from corporations to the U.S. government, joined Evercore Partners Inc. as a senior adviser, global technology and aerospace/defense. For other updates launch today's Movers & shakers slideshow.
A scene is heating up again, with some big sponsors trying to exit mega-deals. Univision Communications Inc.'s sale has long been rumored, but the company is trying to downplay near-term exit expectations. Elsewhere, the Weather Channel is expected to hit the block. But PE firms aren't going to be bidding on either, and will likely leave the sales to strategics. Now, there are questions whether PE firms will spend time on any more media transactions, with some spectacular blowups in LBO shops' rearview mirror, as well as industry shifts that could make some sectors go secular. More video