Constellation Beer Run Room: Cans, Ballast Point, Price

Dear Client:Today's Constellation FY16 earnings call ran very long. Besides having just announced yet another wine acquisition -- for super luxury brand, Prisoner Wine Company -- the company also announced a potential IPO of their Canadian wine business. But of course, beer was still the star of the show. Many were curious about recent contributions from their billion dollar purchase of San Diego's Ballast Point, which STZ brass admitted could see an East Coast brewery soon. The brewer has added