LIFEWAY FOODS CONFIRMS RECEIPT OF REVISED, UNSOLICITED, NON-BINDING PROPOSAL FROM DANONE
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Lifeway Foods has received a revised, unsolicited, non-binding proposal from Danone to acquire all outstanding shares of Lifeway it does not already own for $27.00 per share in cash.
November 15, 2024 | 9:45 pm
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Lifeway Foods has received a revised acquisition proposal from Danone for $27 per share, which could lead to a potential acquisition.
The proposal from Danone to acquire Lifeway Foods at $27 per share is likely to positively impact LWAY's stock price in the short term as it suggests a premium over current market prices. The news is highly relevant and important as it involves a potential acquisition.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100