Ballast Point Going to Chicago’s Kings & Convicts Brewing Co.

Dear Client: As BBD reported this morning, we'd heard that Constellation was shopping Ballast Point around so it could focus on its core beer portfolio (and seltzer). Turns out, a deal came true sooner than some may have expected.  Constellation is indeed divesting of Ballast Point: The company has just reported that Chicago-based Kings & Convicts Brewing Co. is taking over.  The two-year-old company out of Illinois just inked a deal with Constellation to acquire basically everything Ballast Point, besides