Gundlach Bundschu set for first ownership change in six generations
Yahoo Finance reports that the winery will change hands for the first time after six generations. Its linked report says California’s oldest family-run winery has filed for bankruptcy protection.
TLDR
Yahoo Finance reports that Gundlach Bundschu will change ownership for the first time after six generations. Its linked report says California’s oldest family-run winery has filed for bankruptcy protection. Yahoo Finance also notes that several other California wineries have cited difficulties amid dwindling demand, the trade war and natural disasters.
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