Author Archives: Joel Whitaker

Arizona’s Verde Valley Now a Viti Area

Alcohol & Tobacco Tax & Trade Bureau (TTB) establishes the approximately 200-square mile “Verde Valley” viticultural area (AVA) in Yavapai County, Arizona. The Verde Valley viticultural area is not located within any other established viticultural area. The action was in … Continue reading

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MGP Ingredients to Pay 1.875% Interest on Convertible Notes

MGP Ingredients, Inc. priced its $175 million private placement of convertible senior notes due 2041 at 1.875%. The initial purchasers of the Notes also received an option to purchase, within a 13-day period beginning on, and including, the date on … Continue reading

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Willamette Valley Vineyards Taps Tiicker to Spur Preferred Stock Sales

Willamette Valley Vineyards teamed with Tiicker, a direct-to-shareholder loyalty and rewards platform, to maximize its 2021 vintage Preferred Stock Offering to fund growth. Willamette is seeking the funds because it will be opening four new Tasting Rooms and Restaurants over … Continue reading

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What We’re Reading —

Celebrity partnerships are riskier than ever

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A-B Sued, Accused of Not Paying Employees for All Hours Worked

A class action lawsuit has been filed accused Anheuser-Busch of executing a “systemic, company-wide policy of failing to pay its employees for all hours worked and for overtime hours worked at the appropriate overtime rate, in violation of the Fair Labor … Continue reading

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MGP to Place $175 Million of Short-Term Convertible Senior Notes Privately

MGP Ingredients, Inc. said it will offer $175 million aggregate principal amount of convertible senior notes due 2041 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities … Continue reading

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