Why more wineries may go public
Article Abstract:
Several wineries may be considering public offerings of their stock, following the success of the Robert Mondavi Corp's public offering in 1993. Mondavi was in economic difficult at the time, but the offering provided financing for both growth and expansion.
Publication Name: The Wine Spectator
Subject: Food and beverage industries
ISSN: 0193-497X
Year: 1997
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Mondavi Winery to go public
Article Abstract:
Mondavi Winery, which owns several wine concerns, will offer 3.7 million shares of Class A common stock to the public. Funds generated in the process will go for loan repayment and operating costs. Family members will continue to hold a majority interest.
Publication Name: The Wine Spectator
Subject: Food and beverage industries
ISSN: 0193-497X
Year: 1993
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Play or pass on Mondavi stock
Article Abstract:
Mondavi has gone public and opened at $13.50 per share. It is a good investment because it remains 72% family-owned and quality is expected to remain high. Wine consumption is likely to be high in the 1990s, and Mondavi sales are strong.
Publication Name: The Wine Spectator
Subject: Food and beverage industries
ISSN: 0193-497X
Year: 1993
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