Modelo: “We Are Very Pleased”

Corona parent Grupo Modelo chairman Carlos Fernandez told investors this morning that they are "extremely pleased" to be in partnership with Barton Beers' parent Constellation Brands in a new joint venture (J-V) company which will import and market Modelo's brands in the entire United States, east and west, for at least the next ten years, starting January 2, 2007. "We will play a more active role," said Carlos.Indeed, they will also be taking additional margin, although Carlos noted that Barton's