Can Treasury's Big Bet on DAOU Pay Off?

On the heels of the news that Treasury Wine Estates have purchased DAOU Vineyards for a billion dollars, Adam, Joanna, and Zach discuss what might have made this sale happen, whether this price point makes any sense, and why TWE is betting on DAOU being the next Caymus. Please remember to subscribe to, rate, and review VinePair on Apple Podcasts, Spotify, or wherever you get your episodes, and send any questions, comments, critiques, or suggestions to [email protected]. Thanks for listening, and be well.Joanna is reading: Why Are So Many Wine Regions Dealing With Oversupply?Zach is reading: Hazy IPAs Aren’t Over, They’ve Just Found EquilibriumAdam is reading: Whiskey Reviews from David Thomas TaoInstagram: @adamteeter, @jcsciarrino, @zgeballe, @vinepairTwitter: @adamteeter @joannasciarrino, @zgeballe, @vinepair Hosted on Acast. See acast.com/privacy for more information.