Constellation CFO on M&A: “Nothing has Really Changed”

Constellation is holding firm to its decision to not comment directly on the Brown-Forman rumor from last week [see WSD 05-23-2017]. "I'm not going to make any comments on the CNBC news," said Constellation cfo David Klein during the RBC Consumer and Retail Conference this week.However, David did say the beer business expansion and build-out (which will cost about $200 million a year); the commitment to being an investment-grade company; and opportunistic tuck-in acquisitions continue to be Constellation's priorities."So, nothing