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Gary Vaynerchuk on M&A in wine country

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

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