Constellation Testing Trust with Analysts and Distributors

Dear Client: We've been assured that shortages will be minimal, but several smaller distributors are getting on allocation from Constellation Beers on all 12pkNRs, all 12pk cans (except Corona), 18pks Corona and Modelo NRs, 18pks Modelo cans, 24pk Modelo cans, and 24oz Modelo cans. Regional STZ reps are telling distributors not to put these allocations -- or what they call "prescribing orders" -- in writing so it won't end up in the trade press (that worked out well), and these