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 ...
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 ...
The revised offer represents ‘compelling value’ to Lifeway’s shareholders according to Danone’s Shane Grant and comes after ...
Lifeway believes Danone’s offer undervalues its business. But will the French dairy giant return to the table?
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 ...