Lifeway said the revised offer “is not in the best interests of the company and its shareholders or other stakeholders”.

Last week, the French giant made a revised offer of $27 per share to acquire the remaining shares it does not already own.

Shares of Lifeway Foods (NASDAQ:LWAY) were jolted higher on calls for the company’s founders to consider a sale to France’s ...

Lifeway Foods shares fall after rejecting Danone's $27 per share acquisition offer, citing undervaluation and prioritizing ...

“After careful and thorough consideration,” read this morning's news release,“conducted in consultation with its independent ...

Dairy giant Danone last week increased its offer to buy the remaining stock it doesn’t already own in Lifeway to about $307 million, or $27 a share, up from an earlier $283 million, or $25 a share, ...

Q3 2024 Earnings Call Transcript November 14, 2024 Operator: Good morning. Welcome to Lifeway Foods’ Third Quarter 2024 ...

In a letter, the dairy giant said it was “disappointed” by the response to its earlier $283 million proposal and noted the ...

Edward and Ludmila Smolyansky, who together exercise voting control with respect to approximately 29.7% of the outstanding shares of common stock of Lifeway Foods (LWAY), called for Lifeway’s board of ...

Lifeway Foods has rejected Danone’s latest offer of $27 per share to buy the remaining 76.7% stake in the business.

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, ...

Lifeway Foods said will review and evaluate the revised proposal. Danone currently owns about 23% of Lifeway’s outstanding ...