With Americans stuck at home, winemakers had a big 2020. The follow-up is looking even bigger. In March, Duckhorn Portfolio sold $345 million worth of stock in an initial public offering, making it the only major publicly traded wine company. The coming weeks will bring one more.
Vintage Wine Estates is merging with Bespoke Capital Acquisition (ticker: BSPE), a special purpose acquisition company, or SPAC. Bespoke’s shareholders will vote on the proposed deal on May 28. If approved, Vintage could begin trading in early June…
