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 rejected an increased offer from Danone, with the kefir products maker saying the latest proposal “substantially undervalues” its business. Dairy giant Danone last week ...
(RTTNews) - Lifeway Foods, Inc. (LWAY) announced on Wednesday that its Board has rejected the revised unsolicited acquisition proposal of $27 per share made by food and drink firm Danone North ...