Lifeway Foods stock rises 12% in premarket after Danone increases offer to $27/share for maker of Kefir products, funded in cash reserves.
Lifeway on Friday said that Danone offered to purchase all of its shares that it didn't already own for approximately $307 million, or $27 apiece, in cash. The company currently owns about 23% of ...
Lifeway Foods received a new buyout offer from Danone, this one at a higher price. The Paris-based company offered to purchase all of Lifeway's shares that it didn't already own for approximately $307 ...
France's Danone is offering to acquire Lifeway Foods at a higher price after the Morton Grove, Ill., maker of probiotic foods rejected its previous offer.