Financial writers report on the largest shareholders of Lifeway Foods urging the board to reconsider ...
Lifeway Foods has rejected the takeover bid lodged by Danone in September as the US-based kefir maker deemed the offer to be ...
On Sept. 23, Danone offered to pay some $283 million — $25 per share — to purchase the 76.6% of Lifeway Foods it does not ...
The Morton Grove-based kefir maker turned down Danone's offer, saying the $25-a-share deal undervalues the company.
The keifer maker said its board determined that the “proposal substantially undervalues” the company and was not in the best interest of its shareholders.
Lifeway Foods (LWAY) announced an expanded distribution agreement in the United Arab Emirates market. “The offering of 32oz Lifeway Kefir, 8oz Lactose-Free Lifeway Kefir, ProBugs and farmer ...