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Constellation Reportedly Punting on GPI Until 2021

Dear Client:  Shortly after we reported Friday morning that Constellation Beer was contemplating a general price increase (GPI) on November 1, we got word that Constellation is telling distributors it is holding on a GPI until the first tri-mester 2021.  That after A-B had communicated to distributors that it was waiting until after the Super Bowl to take a GPI.  That may have spooked Constellation into re-thinking the timing of their increases. MC and Heineken are holding the line for

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