Lifeway Foods rejects Danone’s takeover offer deemed

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?
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 undervalued. France-headquartered dairy giant Danone had sought to increase its 23.
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.
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 proposal from Danone
Lifeway Foods Inc., Morton Grove, Ill., announced that its Board of Directors has rejected the unsolicited proposal made Sept. 23, by Danone North America PBC to acquire all the shares of Lifeway that it does not already own for $25 a share.
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 ...
Lifeway Foods rejects Danone offer, adopts shareholder rights plan
Lifeway ( LWAY) in late September confirmed it received an offer from Danone ( OTCQX:DANOY) to purchase the shares it doesn't already own f or $25 a share in cash. Shares of Lifeway surged 24% on Sept. 24 after the offer was disclosed.
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Lifeway Foods Founding Family Members Express Support for Danone Acquisition After Board Rejects It
Edward and Ludmila Smolyansky release statement in support of reconsidering Lifeway Foods’ rejection of Danone North America ...
Lifeway Foods largest holders urge the company to negotiate with Danone
The two largest holders of Lifeway Foods (NASDAQ:LWAY) are calling for the board of the maker of Kefir products to reconsider Danone's (OTCQX:DANOY) $25 a share offer. Edward and Ludmila Smolyansky, ...
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Lifeway Foods announces expanded distribution deal in Dubai and U.A.E.
Lifeway Foods (LWAY) announced an expanded distribution agreement in the United Arab Emirates market. “The offering of 32oz Lifeway Kefir, 8oz Lactose-Free Lifeway Kefir, ProBugs and farmer ...
Dairy Foods3d
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 ...