Word: inglenook
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Dates: during 1970-1979
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...Inglenook Johannisberg Riesling...
...Gallos are the last major entrepreneurs in an industry that is being taken over by large, publicly held corporations. Heublein Inc., a big distiller and food processor, has bought United Vintners (which makes Italian Swiss Colony and Inglenook) and Beaulieu Vineyards. Seagrams controls Paul Masson and Browne Vintners. Brown-Forman Distillers, the Kentucky whisky maker, recently picked up the distributorship of F. Korbel and Bros., the big California champagne producer. National Distillers & Chemical has acquired Almadén. Two months ago the parent company made an offering of Almadén stock at $20 a share; it has since risen...
During the bidding, an anonymous Californian bid $5,000 for a case of rare Inglenook wine from the Napa Valley, by far the highest price ever paid for domestic produce. New York Restaurateur Joseph Santo paid $12,100 for a 55-case collection of French, German and American wines, which until recently was reserved by Manhattan's Carlyle Hotel for the exclusive sipping of visiting Presidents. After the headlining items had been displayed by a brocaded, powder-wigged chamberlain and sold, connoisseurs and individual collectors were able to bid on the less celestial vintages: a case...