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Lifeway believes Danone’s offer undervalues its business. But will the French dairy giant return to the table?
Financial writers report on the largest shareholders of Lifeway Foods urging the board to reconsider ...
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Lifeway Foods Inc., Morton Grove, Ill., announced that its Board of Directors has rejected the unsolicited proposal made Sept ...
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The Morton Grove-based kefir maker turned down Danone's offer, saying the $25-a-share deal undervalues the company.
The keifer maker said its board determined that the “proposal substantially undervalues” the company and was not in the best interest of its shareholders.
NEW YORK (Reuters) - Proxy advisory firm Glass Lewis on Tuesday urged News Corp investors to back a plan to end the company's ...
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 ...