Crown’s Future Scenarios

February 2, 2012Crown's Future ScenariosDear Client:J.P. Morgan released an investor's report this week on Constellation Brands in which it deemed the Crown Imports joint venture, "one of the biggest issues" in owning stock in the company. The overhang from the company "potentially losing their 50% stake" in the venture with Modelo could intensify as the deadline for when Modelo needs to notify Constellation if they are not renewing the agreement is less than two years away. J.P. Morgan drew out