Danone raises offer for Lifeway Foods

Financial writers report on the largest shareholders of Lifeway Foods urging the board to reconsider ...
Lifeway Foods, Inc. (NASDAQ: LWAY) ("Lifeway" or the "Company"), a leading U.S. supplier of kefir and fermented probiotic ...
The Morton Grove-based kefir maker turned down Danone's offer, saying the $25-a-share deal undervalues the company.
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 ...