Lifeway Foods rejects Danone’s takeover offer deemed
LIFEWAY FOODS REJECTS PROPOSAL FROM DANONE AND ADOPTS LIMITED DURATION SHAREHOLDER RIGHTS PLAN
Lifeway Foods, Inc. (NASDAQ: LWAY) ("Lifeway" or the "Company"), a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, today announced that its Board of Directors (the "Board") has rejected the unsolicited proposal made on September 23,
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 $25-a-share proposal from Danone substantially undervalues the Morton Grove,
Lifeway Foods rejected a Sept. 23 offer by Danone to acquire the kefir maker for about $283 million, or $25 a share. Danone, a long-time shareholder in Lifeway, currently owns 23.4% of its common ...
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Lifeway Foods (LWAY) Gains But Lags Market: What You Should KnowLifeway Foods (LWAY) closed at $24.84 in the latest trading session, marking a +0.36% move from the prior day. The stock's change was less than the S&P 500's daily gain of 1.23%. On the other hand, ...
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 Christian Post on MSN14d
80% of Protestant churchgoers want pastors to address hot topics: surveyFour out of five Protestant churchgoers in the United States believe pastors should address current issues, according to a ...
Lifeway Christian Resources released its latest Bible study by Preston Perry, Everyday Evangelism: Pursuing Hearts, Not ...
It was the last night of a week of FUGE Camps in Mobile, Alabama, and groups were gearing up for Mega Relay – a high-energy ...
Periodontal Treatment: The expert team of dentists at Lifeway Dental of Boca has vast experience offering effective periodontal treatment that prevents, diagnoses, and treats diseases of the gums and ...
In the latest market close, Lifeway Foods (LWAY) reached $26.57, with a +0.64% movement compared to the previous day. The stock exceeded the S&P 500, which registered a loss of 0.33% for the day.
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