Vintner Chalone Spurns Rothchild,Stock Up
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The Chalone Wine Group Ltd. CHLN.O a  U.S. winemaker, on Monday rejected an existing buyout offer  from French luxury wine maker Domaines Barons de Rothschild,  saying it was now entertaining a better offer.
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CHICAGO (CBS.MW) - By upping the ante a bit, Constellation Brands has made an apparently successful bid to gobble up winemaker Robert Mondavi in a $1.
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CERES, Calif. -- First came ''Two Buck Chuck," the $1.99 bestseller that gave wine drinkers a thrifty thrill. Now, vintner Fred Franzia is campaigning to get restaurants to sell his Salmon Creek wine at around $10 a bottle.
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Andrew Liveris, chief executive of Dow Chemical Co., declined on Friday to comment on recent rumors Dow is interested in buying BASF AG , while adding the deals that interest him are the ones that fit gaps the company has identified.
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Diageo, the world&#39;s largest maker of alcoholic beverages, has agreed to acquire the Chalone Wine Group, a group of small, high-end wineries that is based in California and has properties there, in Washington State and France.
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Genentech is borrowing a bit of the winemakerâs art to make biotech pharmaceuticals.
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When Michael Aaron learned that Wall Street investment banks were going to be shelling out record bonuses this holiday season, the savvy wine merchant uncorked his own plan to make serious dough.
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MILWAUKEE - Betty Ann Fischer has been old enough to buy liquor for more than 50 years. So she was a little surprised when a grocery store clerk asked to see her identification before selling her a bottle of wine.
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Diageo, the worldâs largest spirits company, said on Monday that it had bought the Chalone Wine Company for $260m including debt.
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The chipmaker seems in denial about carrying too much inventory.
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Mark Goldberger remembers his first taste of wine -- a glass of Manischewitz at a Passover seder when he was 8.
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German chemicals group BASF   raised its offer for U.S. catalyst maker Engelhard   by &#36;1 to &#36;39 per share, but warned it would dump the  deal if this was not enough to win shareholders over.
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(InfoWorld) - Baffled about which wine to pick up en route to an important holiday party where you happen to know they'll be serving elk? Business intelligence (BI) software vendor QlikTech International AB may be able to help you resolve that thorny little problem with its wine selector application. Drawing on publicly available information and his own knowledge of more than 3,000 wines, a QlikTech consultant has created The Wine Press . The seasonal online application enables users to match up a wine with particular foods or choose a bottle based on a variety of characteristics including price, color, flavor, vintage and country of origin. The Wine Press is the second in an upcoming series of consumer-type applications of BI software that QlikTech plans to showcase on its Web site, according to Anthony Deighton, the company's vice president of marketing. The first application, Kick It, Qlik It, Love It, timed to coincide with the World Cup tournament appeared this summer and enabled soccer fans to analyze game scores and players' performances. The application drew 30,000 visitors to QlikTech's Web site over the course of the six-week championship and also revealed the interesting fact that the majority of professional players' birthdays occur in the January-to-June time frame. QlikTech is hoping that presenting fun and intriguing consumer applications of BI software will help drive the widespread adoption of the technology as BI moves out of the domain of experts and into the hands of general IT users, Deighton said. The vendor's approach to BI focuses on enabling users to click their way around the technology and not require in-depth training to start using the software, he added. QlikTech intends to spotlight an application each quarter in 2007, according to Deighton. At the same time, Qliktech plans applications of more regional appeal such as football championships specific to the U.K. as well as the The Ashes cricket series played between England and Australia. While he's not expecting The Wine Press to attract as many visitors as Kick It, Qlik It, Love It, the recommendation site is already proving popular and Qliktech may well leave it in place beyond the holiday season, Deighton said. As for what wine goes best with elk? The Wine Press recommends Argentina's Broquel Malbec Mendoza red wine from 2000 as a very good value offering with flavors of coconut, fruit, mineral and oak. Enjoy! Â
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Constellation Brands Inc., the world&#39;s largest winemaker, offered $1.3 billion in cash to acquire Robert Mondavi Corp. as part of a plan to expand its collection of higher priced wines.
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Alex Jordan thought he had found a real bargain at his local wine store: a 2003 Chateau Haut-Surget Lalande-de-Pomerol for $25. "Aromas of blackberry and light chocolate follow through to a medium-bodied palate, with soft tannins and a fresh finish," read a small sign, known as a "shelf talker," ...
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When winemaker Michael Mondavi resigns  from Robert Mondavi Corp. at the end of the month, he can take  with him an unusually palatable severance payment -- up to 50  cases of the company's wine.
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By NO BYLINE  IMPERIAL Chemical Industries nudged higher yesterday as traders cited market talk of a possible bid from German rival BASF, and interest from Dutch group Akzo Nobel.   ICI, maker of Dulux paints, declined to comment on the rumour.