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Lifeway Foods jumps
Lifeway Foods Gets Higher Acquisition Offer From Danone
Lifeway Foods said will review and evaluate the revised proposal. Danone currently owns about 23% of Lifeway’s outstanding common stock.
Danone boosts offer for kefir maker Lifeway Foods to $307M
In a letter, the dairy giant said it was “disappointed” by the response to its earlier $283 million proposal and noted the increased price “fully reflects the fundamental potential of the Company.”
Lifeway Foods jumps as Danone boosts offer to $27 a share
Lifeway Foods (NASDAQ:LWAY) rose 10% in premarket trading after Danone (OTCQX:DANOY) boosted its offer to $27 a share for the maker of Kefir products. Danone (OTCQX:DANOY) increased its offer to $27 from $25 a share,
Lifeway Foods confirms $27.00 per share buyout proposal from Danone
Lifeway Foods (LWAY) confirmed that it has received a revised, unsolicited, non-binding proposal from Danone North America (DANOY) to acquire
Danone Ups the Ante to Purchase Lifeway Foods
After initial offer to purchase Lifeway Foods for $25 per share was rejected, Danone North America PBC has increased its proposal to $27 per share, or about $23 million more.
Danone Increases Lifeway Acquisition Offer
Danone North America PBC has sweetened its bid to acquire the remaining shares of Lifeway Foods Inc., increasing its offer from $25 per share to $27 per share, totaling approximately $306 million. The increased bid follows Lifeway’s rejection of Danone's earlier $283 million proposal,
Danone raises offer for Lifeway Foods to $27 per share
In a letter updating on Danone’s (DANOY) proposed acquisition of Lifeway Foods (LWAY), which was disclosed in a regulatory filing, Danone
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.
11h
LIFEWAY FOODS CONFIRMS RECEIPT OF REVISED, UNSOLICITED, NON-BINDING PROPOSAL FROM DANONE
Lifeway Foods, Inc. (NASDAQ: LWAY) ("Lifeway" or the "Company"), a leading U.S. supplier of kefir and fermented probiotic ...
Opinion
GlobalData on MSN
7d
Opinion
Is Lifeway’s rejection of Danone bid shrewd or a gamble?
Lifeway believes Danone’s offer undervalues its business. But will the French dairy giant return to the table?
9h
Stocks to Watch: Lifeway Foods
Lifeway Foods received a new buyout offer from Danone, this one at a higher price. The Paris-based company offered to purchase all of Lifeway's shares that it didn't already own for approximately $307 ...
Crain's Chicago Business
9d
Lifeway Foods rejects takeover worth over $280 million
The Morton Grove-based kefir maker turned down Danone's offer, saying the $25-a-share deal undervalues the company.
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