Reports that surfaced on 4 Jun that Sonoma's swank Chalk Hill Estate Vineyards & Winery was for sale have been confirmed, and a deal has actually been struck. Fast-moving US vintner William Foley (pictured) is in the process of purchasing the 1,300-acre Chalk Hill estate – which includes 350 acres of vineyards, a top-notch production facility, equestrian centre and several homes -- from founder Fred Furth.
Furth confirmed the transaction late last week. The accomplished attorney would not disclose terms, although sources told the Press Democrat newspaper in Santa Rosa that the price could reach $100 million, making it one...