From Esquire:

...As in those weeks after Kurt's death, my phone has not stopped ringing lately. "Did you hear? Can you believe the news?" And although I'm legally bound not to disclose particulars of the breakup, with so many other sources speaking about it, I can now publicly comment. You see, some days ago, a rock band broke up — this one in the form of another promising coffee roaster selling itself to Wall Street. Duane Sorenson, the founder of Stumptown, the Che Guevara of the rock-star barista movement, sold his life's work to the highest bidder.

Eater PDX claims it has sources that say the rumors aren't true, but Ben Waterhouse over at Willamette Week has pointed out that Stumptown's recent filing was under the authority of a foreign business corporation.

C'mon, Portlanders. One of you knows something. You can't keep a secret. Spill it.