Lifeway Foods has said its board is “not opposed” to a potential sale of the company, despite rejecting two takeover bids from Danone. Danone, which already holds a 23.3% stake in Lifeway ...

Lifeway Foods, Inc. (NASDAQ:LWAY) shares are trading lower on Wednesday after the company’s Board of Directors rejected a revised unsolicited acquisition proposal from Danone North America PBC.

Lifeway Foods, Inc. has turned down Danone North America’s revised proposal of around $307m ($27.00 per share in cash) stating it ‘substantially undervalues Lifeway and is not in the best interests of ...

"The board determined that Danone's $27 per share proposal substantially undervalues the Company. The board is not however opposed to the sale of the company at any price," Lifeway noted in a ...

Lifeway Foods rejected an increased offer from Danone, with the kefir products maker saying the latest proposal “substantially undervalues” its business. Dairy giant Danone last week ...

MORTON GROVE, Ill., Nov. 5, 2024 /PRNewswire/ -- Lifeway Foods, Inc. (NASDAQ: LWAY) ("Lifeway" or the "Company"), a leading U.S. supplier of kefir and fermented probiotic products to support the ...

Lifeway rejects Danone's $27/share acquisition offer, citing undervaluation and prioritizing long-term growth strategy. Lifeway reports 20th consecutive growth quarter, introduces new lactose-free ...

Danone currently holds about 23.4% of Lifeway Foods’ common shares. Credit: Tada Images/Shutterstock. Danone has increased its bid to buy US-based kefir and fermented probiotic products maker ...

Lifeway Foods (NASDAQ:LWAY), the maker of kefir products. rejected an unsolicited $25 a share proposal from Danone (OTCQX:DANOY). Shares of Lifewayticked higher by ~1%. Lifeway (LWAY) also ...

Lifeway Foods, maker of kefir and fermented probiotic products, rejected a takeover offer by the multinational food company Danone. Morton Grove-based Lifeway announced that its board of directors ...

What's Going On With Lifeway Stock After Rejecting Revised Acquisition Offer From Danone? Lifeway Foods shares fall after rejecting Danone's $27 per share acquisition offer, citing undervaluation ...

Lifeway Foods rejected a Sept. 23 offer by Danone to acquire the kefir maker for about $283 million, or $25 a share. Danone, a long-time shareholder in Lifeway, currently owns 23.4% of its common ...