Lifeway Foods hits back at Danone lawsuit linked to shareholder agreement [Yahoo! Finance]
Lifeway Foods, Inc. (LWAY)
Last lifeway foods, inc. earnings: 5/18 05:59 pm
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lifewaykefir.com/investor-relations
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Source: Yahoo! Finance
In reaction to the legal claim, filed in the Cook County Court in Illinois this week, the US-headquartered kefir drinks maker has accused Paris-based Danone of pursing a “hostile takeover” of the business, at a price that “undervalues the company". The latest actions by both companies prolongs a dispute dating back to last year, when Danone instigated a bid in September to acquire all of the shares in Lifeway Foods, having taken around a 23% stake in 1999. That bid triggered months of wrangling, with Lifeway Foods first rejecting the offer in November claiming it undervalued the company. Danone then put in a higher bid only to be turned down again by the kefir beverages manufacturer. As Lifeway Foods and Danone battle it out, a family feud continues to fester at the US firm, between its chair and CEO Julie Smolyansky, and her mother and brother, Ludmila and Edward Smolyansky, the company's largest shareholders. The latest gripe from Danone centres on a decision by Lifeway Foo
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News
- EDWARD SMOLYANSKY, A LIFEWAY SHAREHOLDER, RELEASES KEY DEPOSITION INSIGHTS, CALLS FOR WITHHOLD VOTE ON LEGACY DIRECTORS DORRI McWHORTER, JULIE SMOLYANSKY, AND JASON SCHERPR Newswire
- CORRECTION -- Lifeway Issues Letter to Shareholders Regarding Dissident Director Nominees, Revealing Disqualifying Track Records and Ethical Failures [Yahoo! Finance]Yahoo! Finance
- CORRECTION -- Lifeway Issues Letter to Shareholders Regarding Dissident Director Nominees, Revealing Disqualifying Track Records and Ethical FailuresGlobeNewswire
- EDWARD SMOLYANSKY PROVIDES CRITICAL CAMPAIGN UPDATE- URGES WITHHOLD ON DORRI McWHORTER, JASON SCHER, and CEO JULIE SMOLYANSKY [Yahoo! Finance]Yahoo! Finance
- EDWARD SMOLYANSKY PROVIDES CRITICAL CAMPAIGN UPDATE- URGES WITHHOLD ON DORRI McWHORTER, JASON SCHER, and CEO JULIE SMOLYANSKYPR Newswire
LWAY
Sec Filings
- 12/15/25 - Form DFAN14A
- 12/12/25 - Form 4
- 12/11/25 - Form DFAN14A
- LWAY's page on the SEC website