Reuters Says Lagunitas Exploring Equity Stake Sale; Tony Says Not So Fast

Dear Client:Rumor mill keeps on churning. But when it's Reuters reporting, one has to pay attention. This afternoon the outlet reported that Lagunitas Brewing Company could be working with Wells Fargo " to explore strategic options, including the sale of an equity stake, in a deal that could value the company at around $450 million, people familiar with the matter said." Apparently, the Petaluma-based brewer "has been exploring strategic alternatives for several months," as its chief Tony Magee "seeks to