MORTON GROVE, ILL. — Fermented dairy manufacturer Lifeway Foods, Inc. shared that it received an “unsolicited, non-binding” ...
The proposal to buy the company for $25 a share comes as Lifeway’s leadership remains embroiled in a bitter family dispute and the manufacturer faces shareholder calls to sell itself.
Lifeway Foods (LWAY) shares soared 23.6% in the last trading session to close at $26.57. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares ...