Started in a storage building in San Diego, CA, in 1992, Ballast Point has grown to be the 31st largest craft brewing company in the US. It was announced today that Ballast Point has been purchased by Constellation Brands Inc. (Corona, Mondavi wines and others). The price tag: $1 billion.
There's gold in them thar kegs.
http://www.latimes.com/business/la-fi-ballast-point-beer-deal-20151116-s...