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0 -0.00539195354624633 0.00705101617586071 -0.00539195354624633 -0.00539195354624633 0.0053546246370801 0.00497718788884284 0.00497718788884284
Stock impact report

LIFEWAY FOODS CONFIRMS RECEIPT OF REVISED, UNSOLICITED, NON-BINDING PROPOSAL FROM DANONE [Yahoo! Finance]

Lifeway Foods, Inc. (LWAY) 
Last lifeway foods, inc. earnings: 5/18 05:59 pm Check Earnings Report
US:NASDAQ Investor Relations: lifewaykefir.com/investor-relations
Company Research Source: Yahoo! Finance
and fermented probiotic products to support the microbiome, confirmed that it has received a revised, 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 per share in cash. According to the Schedule 13D amendment filed today with the U.S. Securities and Exchange Commission disclosing the revised proposal, Danone beneficially owns approximately 23.3% of Lifeway's outstanding common stock. On November 5, 2024 , Lifeway announced that its Board of Directors (the "Board") had rejected Danone's initial unsolicited, non-binding proposal to acquire all the shares of Lifeway that it does not already own for per share because the Board determined that the initial proposal substantially undervalued Lifeway and was not in the best interests of the Company and its shareholders and other stakeholders. Consistent with its fiduciary duties, Lifeway's board of directors, in consultation Show less Read more
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