French to buy Chateau Montelena

Irony of ironies a French Chateau  is rumored to be buying the winery that startled the wine world in 1976 and which is the subject of a new movie soon to be released.

BERKELEY - Chateau Montelena, which shocked the wine world in 1976 when it beat French vintages in a famous Paris tasting, is expected to be sold, officials close to the deal said today. The buyer? The owner of a Bordeaux estate.

“This is the ultimate recognition, that the French are now buying these great California wineries,” said Jon Fredrikson, a wine industry consultant and publisher of the Gomberg-Fredrikson report which tracks wine shipments.

Company officials released a joint statement saying talks were in progress between Michel Reybier, owner of Chateau Cos d’Estournel in Bordeaux, and Chateau Montelena founder Jim Barrett for a sale, pending regulatory approval.

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