Rather than negotiate with Danone in response to its generous proposal, Lifeway quickly rejected it outright. This is consistent with the prior statements by CEO Julie Smolyansky and Jason Burdeen, ...
Shares of Lifeway Foods (NASDAQ:LWAY) were jolted higher on calls for the company’s founders to consider a sale to France’s ...
The Smolyanskys said, “Rather than negotiate with Danone in response to its generous proposal, Lifeway quickly rejected it outright. This is consistent with the prior statements by CEO Julie ...
Lifeway Foods has rejected Danone's latest takeover offer, arguing the bid "substantially undervalues" the US kefir company.
WASHINGTON, D.C., Nov. 20, 2024 (GLOBE NEWSWIRE) -- The National Fish and Wildlife Foundation (NFWF) today announced $5.2 million in grants to conserve monarch butterflies and other insect pollinators ...
Last week, the French giant made a revised offer of $27 per share to acquire the remaining shares it does not already own.
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.
Earlier this month, Lifeway rejected an initial offer of $25 per share, arguing the bid “substantially undervalued” the ...
The new proposal comes after Lifeway Foods rejected Danone’s initial offer that valued the kefir manufacturer at approximately $283 million. In a letter sent to Julie Smolyansky, chief executive ...
After initial offer to purchase Lifeway Foods for $25 per share was rejected, Danone North America PBC has increased its ...
Danone North America PBC has sweetened its bid to acquire the remaining shares of Lifeway Foods Inc., increasing its offer ...