The kefir products maker underscored its ability to increase value for shareholders, noting its recent growth and the ...
JPMorgan raised the firm’s price target on Danone (DANOY) to EUR 80 from EUR 70 and keeps an Overweight rating on the shares.Don't Miss our ...
The Board determined that Danone's $27 per share proposal substantially undervalues the Company. The board stressed is not ...
The announcement follows Lifeway's rejection of an updated takeover bid of $27 per share for the shares not already owned by ...
Lifeway Foods (LWAY) provided additional information regarding the reasons that its board of directors rejected the revised unsolicited ...
Last week, the French giant made a revised offer of $27 per share to acquire the remaining shares it does not already own.
Earlier this month, Lifeway rejected an initial offer of $25 per share, arguing the bid “substantially undervalued” the ...
Shares of Lifeway Foods (NASDAQ:LWAY) were jolted higher on calls for the company’s founders to consider a sale to France’s ...
Lifeway Foods, Inc. (NASDAQ:LWAY) shares are trading lower on Wednesday after the company’s Board of Directors rejected a ...
Board of directors points to revenue and profit margin growth as proof that Danone’s offers have “substantially” undervalued the kefir manufacturer.
Adds Lifeway response. Lifeway Foods (NASDAQ:LWAY) rose 10% after Danone (OTCQX:DANOY) boosted its offer to $27 a share for ...
The kefir maker’s board of directors has adopted a shareholder rights plan in a bid to avoid a hostile takeover.