Constellation Brands' third quarter, ended November 30, was a pretty busy one; it completed several acquisitions as well as the sale of its Canadian wine business. During the quarter its wine and spirits business grew net sales by 5% to $289 million, while beer net sales grew a strong 16%.CONSTELLATION BETS ON CATOCTIN. Wine and spirits largely took a backseat to beer during this morning's earnings call, but the big news is the announcement that its investment arm, Constellation Ventures,
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