Carmel is a cooperative. But when it is bought, it will be private, it seems to me. Therefore, the growers will be compensated for their share of the facility and goodwill, the other party will take those, and have control over what fruit they purchase. No wonder so many growers are in an uproar, because another party offered 5% greater purchase offer. Seems the growers who will lose out want to at least get a greater compensation, or at least I would if I were them. the others, who grow good fruit, will want a strong winery to sell to, and 5% now shouldn't matter that much since there will be a future.
Of course, as I read the article, it occurred to me that the consiortium is only purchasing 35% of the stock. That would be pretty silly, taking a minority, not majority interest in Carmel, given that the growers would stillhave control, and therefore could force the company to run things more or less as in the past, taking everyone's fruit.