Reaction to Constellation-Ballast Point News so Far

Dear Client:The most surprising part about reactions to the Constellation-Ballast Point $1 billion tie-up was that people didn't seem that surprised at all. Sure, people marvelled at the price tag, with the requisite jokes about being in the wrong business. But as one Truth Squadder put it, even though the price may still seem outlandish, if anyone could justify it..."$1BB on $115MM of revenue? That is absolutely insane. However, I guess Ballast is worth that valuation if anybody is," he