Kings & convicts brewing co. signed an agreement to acquire ballast point brewing & spirits, inc from constellation brands, inc. (nyse:stz).

Kings & convicts brewing co. signed an agreement to acquire ballast point brewing & spirits, inc from constellation brands, inc. (nyse:stz) on december 3, 2019. as part of this agreement, kings & convicts will retain all positions within ballast point’s existing workforce, with plans to hire additional resources to support the future growth of the business. this transaction is expected to close by the end of constellation’s fiscal 2020.
STZ Ratings Summary
STZ Quant Ranking