Baker Capital “Happy” with Wine.com Investment

You'll recall last week reports surfaced that Wine.com was up for sale and that it wasn't worth much more than its domain name (see WSD 07-02-2013). The next day Wine.com ceo Rich Bergsund wrote a pretty barbed public response. Most importantly, he said being owned by a private equity fund (Baker Capital) means Wine.com is always for sale, but he claims the online retailer is doing very well (see WSD 07-03-2013).

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