LOUISVILLE, Ky.–(BUSINESS WIRE)–Brown-Forman Corporation (NYSE: BFA, BFB) today announced that its Board of Directors has received an unsolicited proposal from Sazerac to acquire Brown-Forman, and, taking into consideration Wolf Pen Branch, LP’s view as noted below, has concluded that Sazerac’s proposal is not actionable. Wolf Pen Branch, LP, a collection of Brown family members representing the majority of Brown-Forman Class A shares, said, “As fourth-, fifth- and sixth-generation shareholde