Lifeway Foods Confirms Receipt of Unsolicited, Non-Binding Proposal from Danone
Danone(DANOY) Prnewswire·2024-09-25 04:05
MORTON GROVE, Ill., Sept. 24, 2024 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY) ("Lifeway" or "the Company"), a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, confirmed that it has received an unsolicited, non-binding proposal from Danone North America PBC ("Danone") to acquire all outstanding shares of common stock of Lifeway it does not already own for $25.00 per share in cash. According to the Schedule 13D amendment filed yesterday with the U.S. Securitie ...