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News Briefs for April 30, 2015

April 30, 2015

•Southern Wine & Spirits has pledged $100 million to Step Up For Students, which administers the Florida Tax Credit Scholarship program. The move marks the largest donation in the history of the program. Southern’s contribution will fund more than 16,500 scholarships for Florida’s low-income children to attend a K-12 school of their choice. The scholarships are funded by corporations that receive a dollar-for-dollar tax credit for their contributions. The program allows recipients to choose between a scholarship to help with private school tuition and fees, or a transportation scholarship to attend an out-of-district public school.

•William Sokolin, wine expert, retailer, author and key figure in the fine wine business from the 1960s through the 1980s, died at his home in New York City on April 28. He was 85. Sokolin’s wine investment books included “Liquid Assets” and “The Complete Wine Investor.” He is perhaps best remembered for an incident at the Four Seasons in New York City in 1989, when he attended a Bordeaux dinner at the restaurant and brought along a bottle of 1787 Chateau Margaux—one of the famed Thomas Jefferson bottles—to display to fellow guests. At the dinner, Sokolin accidentally bumped into a tray table and broke the bottle, whose asking price had been more than $500,000.

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