Lifeway Foods spurns another Danone offer
Source: FoodBusinessNews
MORTON GROVE, ILL. — Fermented dairy manufacturer Lifeway Foods, Inc. has once again spurned Danone North America PBC’s attempts to take over the kefir maker.Lifeway’s board of directors, which most recently vetoed a $306.7 million offer in November, rejected a different form of letter from Danone this time.The letter Danone sent on Dec. 30, 2024, which was filed with the Securities and Exchange Commission,…
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