French tire maker and publisher of the famous Michelin Guide to restaurants has purchased a 40% stake in the Wine Advocate.  The Wine Advocate was founded by wine critic and attorney Robert Parker.  Parker sold the magazine to investors from Hong Kong in 2012.  Why would Michelin buy a stake in the Wine Advocate?  Maybe the growing Chinese fine wine and food market has something to do with it.  For details, read >>here<<.

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