Betting a Billion Dollars Against a Bubble
On Monday, Constellation Brands announced it was acquiring San Diego’s Ballast Point Brewing Co. Big whoop, right? It seems like one of the big beer companies buys a craft brewery about every other week. But here’s the actual news within the story: Constellation—which owns the U.S. rights to Corona and Modelo and is the country’s
Source: allaboutbeer.com