Constellation Picks a Craft Partner

Dear Client:Constellation's $1 billion purchase of Ballast Point announced this morning is like the "Brangelina" of the beer world: Two of the hottest cohorts in their respective camps collide, and everyone goes, "yeah, that makes sense." Obviously, Constellation was holding out to get into craft in a big way.We got Constellation chief Rob Sands and Ballast Chief Commercial Officer Earl Kight on the phone to explain more about deal synergies and motivations.CONSTELLATION CALLS BALLAST "CRAFT'S CROWN JEWEL." For their opening