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The French dairy company Danone will explore an acquisition of kefir maker Lifeway Foods for the third time in less than a ...
Lifeway Foods controls the rapidly growing U.S. kefir market, but its founding family has been fighting even as a French ...
Explore the Smolyansky family feud, Danone's pursuit of Lifeway Foods, and how growth slowdown impacts the stock. Read more ...
The Founding Shareholders are calling for Lifeway’s board of directors to take the following actions: Establish an Independent Special Committee Authorized to Negotiate a Sale of the Company and ...
Lifeway Foods has maintained the shareholder agreement the company has with investor – and suitor – Danone is “invalid”. The kefir maker, a takeover target for Danone, responded to claims ...
Lifeway Foods (NASDAQ:LWAY) Chief Executive Julie Smolyansky said the latest takeover offer from Danone (OTCQX:DANOY) "incredibly" undervalues the maker of Kefir products. "We're at the tipping ...
The French giant’s position on the future of Lifeway has been the subject of speculation for some time and, amid the ongoing rancour at the Illinois-based business, it has decided to act, putting ...
Lifeway broke investor deal with CEO share award, Danone claims An investor in the US kefir maker, Danone argues Lifeway’s award violated their shareholder agreement. January 6, 2025 ...
Danone’s letter added: "We remain convinced that a transaction with Danone will allow Lifeway’s shareholders to realize immediate value and to drive Lifeway’s continued development.
Lifeway Foods, maker of kefir and fermented probiotic products, rejected a takeover offer by the multinational food company Danone. Morton Grove-based Lifeway announced that its board of directors ...
PARIS — Danone SA has raised its offer to acquire Morton, Ill.-based Lifeway Foods from $25 per share to $27 per share, for a total value of approximately $300 million.
Danone said Lifeway’s decision to award Smolyansky nearly 300,000 shares broke the deal and warned the company it was preparing litigation. However, Lifeway insists the agreement, which dates to 1999, ...
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