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
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 ...
Morningstar2d
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 ...
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 ...