Lifeway Foods Rejects Danone Buyout, Adopts Poison Pill
Lifeway Foods has rejected a buyout bid from France's Danone and has adopted a shareholder rights plan aimed at thwarting any hostile takeover. Lifeway on Tuesday said its board determined that the ...
Lifeway Foods falls as it rejects Danone offer, adopts shareholder rights plan
Lifeway Foods (NASDAQ:LWAY) dropped 2.6% in premarket trading after the maker of Kafir products rejected an unsolicited $25 a share proposal from Danone (OTCQX:DANOY). Lifeway (LWAY) also announced ...
Dairy Foods1d
Lifeway Foods rejects Danone takeover bid
Lifeway Foods Inc.'s board of directors rejected the unsolicited proposal made on Sept. 23 by Danone North America PBC to ...
Dairy Foods1d
The secret to Lifeway Foods’ success
On Sept. 23, Danone offered to pay some $283 million — $25 per share — to purchase the 76.6% of Lifeway Foods it does not ...
Religion Unplugged4d
Most Protestant Churchgoers Say They Have Non-Christian Friends
At church, churchgoers are surrounded by people who share their religious beliefs, but that doesn’t prevent them from having friends who believe differently. Most U.S. Protestant churchgoers (71%) say ...