Constellation in Negotiations to Sell

According to several sources, Constellation is in negotiations to sell the following wine brands: Geyser Peak (recently acquired from Fortune Brands), Gary Farrell (acquired from Fortune), Buena Vista Carneros (acquired from Fortune), Atlas Peak, Covey Run, Ste. Chapelle & Columbia Winery. The purchase price is allegedly $220-$225 million. Details of the sale and the group acquiring the wineries are not yet confirmed. Jim DeBonis, former head of production at Simi Winery and most recently coo at Beam Wine Estates, is