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Michel-Schlumberger Being Sold?

August 11, 2011 | Filed under Worth A Look | Posted by

Just in: as-yet unconfirmed information from multiple sources indicates that Michel-Schlumberger Wines is soliciting buy-out offers for a reported $12 million. Sources say that owner Jacques Schlumberger is ready to retire and that his family members are not interested in running the winery.

Sources further indicate that a buyer may already have been signed.

More information as it becomes available.