Last week, the French giant made a revised offer of $27 per share to acquire the remaining shares it does not already own.
Earlier this month, Lifeway rejected an initial offer of $25 per share, arguing the bid “substantially undervalued” the ...
In a letter, Danone said it was “disappointed” by the response to its earlier $283 million proposal and noted the increased ...
Lifeway Foods said will review and evaluate the revised proposal. Danone currently owns about 23% of Lifeway’s outstanding ...
The revised offer represents ‘compelling value’ to Lifeway’s shareholders according to Danone’s Shane Grant and comes after ...
Lifeway Foods, Inc. (NASDAQ: LWAY) ("Lifeway" or the "Company"), a leading U.S. supplier of kefir and fermented probiotic ...
Financial writers report on the largest shareholders of Lifeway Foods urging the board to reconsider ...
Lifeway Foods stock rises 12% in premarket after Danone increases offer to $27/share for maker of Kefir products, funded in cash reserves.
In a letter updating on Danone’s (DANOY) proposed acquisition of Lifeway Foods (LWAY), which was disclosed in a regulatory filing, Danone ...
Danone has submitted a second offer to acquire all outstanding shares of Lifeway’s common stock that’s $2 higher per share ...
Lifeway Foods (LWAY) confirmed that it has received a revised, unsolicited, non-binding proposal from Danone North America (DANOY) to acquire ...
The kefir maker’s board of directors has adopted a shareholder rights plan in a bid to avoid a hostile takeover.