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 ...
The revised offer represents ‘compelling value’ to Lifeway’s shareholders according to Danone’s Shane Grant and comes after the kefir maker’s Board rejected the dairy major’s $283m proposal.
We continue to believe Lifeway has an attractive opportunity to achieve its full potential through a combination with Danone, removing the constraints and additional resources required for a publicly ...