The Chalone Wine Group Receives Acquisition Proposal Determined to be Superior to Existing Domaines Barons de Rothschild -- Lafite -- Merger Agreement.

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The Chalone Wine Group Receives Acquisition Proposal Determined to be Superior to Existing Domaines Barons de Rothschild -- Lafite -- Merger Agreement.

NAPA, Calif. -- The Chalone Wine Group, Ltd. (Nasdaq:CHLN) announced today that it had received an acquisition proposal (New Proposal) to acquire Chalone from a company with significant wine operations, in a transaction in which the shareholders of Chalone would receive $13.75 per share in cash plus continued wine benefits in exchang...

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