Lifeway Foods rejects Danone’s $283M ‘opportunistic’ takeover offer
The keifer maker said its board determined that the “proposal substantially undervalues” the company and was not in the best interest of its shareholders.
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Lifeway Foods rejects Danone’s takeover offer deemed as undervalued
Lifeway Foods has rejected the takeover bid lodged by Danone in September as the US-based kefir maker deemed the offer to be ...
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 ...
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LIFEWAY FOODS REJECTS PROPOSAL FROM DANONE AND ADOPTS LIMITED DURATION SHAREHOLDER RIGHTS PLAN
Lifeway Foods, Inc. ("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") ...
Lifeway Foods rejects Danone proposal, adopts shareholder rights plan
Lifeway Foods (LWAY) has rejected the unsolicited proposal made on September 23 by Danone North America to acquire all the shares of Lifeway ...