Tuesday, December 14, 2004

Buyer for Byron and Arrowood Identified

The buyer for Byron and Arrowood has been reported to be John Dyson of Millbrook Winery in New York. This company also owns Williams-Selyem and has vineyards in the central coast. I can't, for the life of me, figure out why he's paying a reported $37-38 million for these two properties, but maybe he sees value in bundling them with his other holdings....?

2 Comments:

Blogger Tom said...

Huge,

I'd heard that Dick Arrowood was going to try to buy back his winery. Any word on that?

December 14, 2004 11:24 AM  
Blogger Huge said...

I'm sure Dick would love to buy it back, but if John Dyson is willing to pay $20-25M for it, I don't see how Dick (or anybody else, for that matter) could make the numbers pencil out....

December 14, 2004 2:55 PM  

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