Overview

• Duckhorn Portfolio shareholders will receive $11.10 per share, marking a 65% premium on recent average stock prices.
• The acquisition deal includes a 45-day period for Duckhorn to consider alternative offers.
• Butterfly Equity, known for its investments in the food and beverage sector, sees strong growth potential in Duckhorn's luxury wine brands.
• The Duckhorn Portfolio reported a 7.3% increase in fourth-quarter sales, largely driven by Sonoma-Cutrer's success.
• The transaction is expected to close this winter, pending any competing offers during the go-shop period.