Lifeway Foods, Inc. (LWAY) announced on Wednesday that its Board has rejected the revised unsolicited acquisition proposal of $27 per ...
Lifeway Foods has rejected a sweetened buyout bid from top shareholder Danone, once again saying the French company's proposal substantially undervalues the maker of probiotic foods. Danone, which ...
Lifeway Foods (NASDAQ:LWAY) rejected an increased $27 a share takeover offer from Danone (OTCQX:DANOY). "After careful and ...
Lifeway Foods, Inc. (the "Company"), a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, today announced that its Board of Directors has rejected the revised ...
Last week, the French giant made a revised offer of $27 per share to acquire the remaining shares it does not already own.
Danone has submitted a second offer to acquire all outstanding shares of Lifeway’s common stock that’s $2 higher per share ...
The revised offer represents ‘compelling value’ to Lifeway’s shareholders according to Danone’s Shane Grant and comes after ...
Earlier this month, Lifeway rejected an initial offer of $25 per share, arguing the bid “substantially undervalued” the ...
PARIS — Danone SA has raised its offer to acquire Morton, Ill.-based Lifeway Foods from $25 per share to $27 per share, for a total value of approximately $300 million. The new proposal comes after ...
Lifeway Foods stock rises 12% in premarket after Danone increases offer to $27/share for maker of Kefir products, funded in cash reserves.
Lifeway on Friday said that Danone offered to purchase all of its shares that it didn't already own for approximately $307 million, or $27 apiece, in cash. The company currently owns about 23% of ...
Lifeway Foods said will review and evaluate the revised proposal. Danone currently owns about 23% of Lifeway’s outstanding ...