Constellation Brands to buy Ballast Point for $1 Billion

Constellation Brands (NYSE: STZ) has announced the acquisition of San Diego-based Ballast Point Brewing & Spirits. Ballast Point filed paperwork with the SEC last month in preparation for taking the company public. Now, in lieu of an IPO, their quest for capital has been fulfilled in a deal valued at approximately $1 billion. This valuation for … [ Read more]

The Mill: Global Microbrews, State Fair and More

The Mill is getting together. This time around, we’re skipping the fried-on-a-stick, and declaring it a banner year for ice cream and beer. And beer ice cream. And pretzel curds.  Events: State Fair goers should make sure to check the schedule for seminars at the Land of 10,000 Beers exhibit. Northgate Liquors in Blaine is hosting … [ Read more]