Astor Wines Sold to Employees

[plattetude]

Per Astor's social media posts:

The sale, announced today, was made to an ESOP, in which shares of the business are allocated to the employees. Astor's owners, the Fisher family, explained: "the best succession plan is to entrust Astor to the people who have been so instrumental in building our enterprise.”

clicky

Here's hoping this isn't a bad thing.

[small h]

I wish Trader Joe Wine had gone that route.