LIFEWAY FOODS REJECTS REVISED UNSOLICITED PROPOSAL FROM DANONE [Yahoo! Finance]
Lifeway Foods, Inc. (LWAY)
Last lifeway foods, inc. earnings: 5/18 05:59 pm
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US:NASDAQ Investor Relations:
lifewaykefir.com/investor-relations
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Source: Yahoo! Finance
that it does not already own for $27.00 per share, citing that the proposal substantially undervalues Lifeway and is not in the best interests of the Company and its shareholders or other stakeholders. The Board determined that Danone's revised proposal substantially undervalues Lifeway, considering the Company's strong momentum, delivering its 20th consecutive quarter of growth, posting double-digit year-over-year revenue growth and improved profit margins in the third quarter of 2024, and total shareholder returns of 788% and 270% over the past five and three years, respectively. The Company plans to continue to build on its strong momentum to unlock additional shareholder value, focused on executing its strategic plan to bring kefir to more households while also expanding into adjacent categories. Evercore is serving as a financial advisor to Lifeway and Sidley Austin LLP is serving as legal counsel to Lifeway. Lifeway Foods recently delivered its 20th consecutive quarter o
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LWAY
News
- Lifeway Foods turns down latest Danone takeover bid [Yahoo! Finance]Yahoo! Finance
- Lifeway Foods® Announces Latest Innovation: Probiotic Smoothie + Collagen [Yahoo! Finance]Yahoo! Finance
- Lifeway Foods® Announces Latest Innovation: Probiotic Smoothie + CollagenPR Newswire
- LIFEWAY FOODS REJECTS REVISED UNSOLICITED PROPOSAL FROM DANONEPR Newswire
- Lifeway Foods' Q3 Earnings Lag Estimates, Sales Rise 13% Y/Y [Yahoo! Finance]Yahoo! Finance
LWAY
Sec Filings
- 11/20/24 - Form 8-K/A
- 11/20/24 - Form 8-K
- 11/15/24 - Form SC
- LWAY's page on the SEC website