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Alert, Bill Foley Buys Stake in CA Distributor

Dear Client: Just when we hadn't heard from him in a while. Bill Foley, of Foley Family Wines, is buying a minority interest in Epic Wines, a California importer and distributor. "I just felt like we needed ... more influence in where our wines are sold," he says. "Now I can sell through a distributor that I'm a partner in." As a bonus, Bill will also become a part-owner in the Butterfield Station brand, which sells about 80,000 cases annually.

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