Will Lifeway Foods sell? Danone raises offer in battle for probiotic leader
Lifeway Foods, Inc. (NASDAQ: LWAY), a leader in kefir and probiotic fermented dairy products, has confirmed receiving a revised, unsolicited acquisition proposal from Danone North America Public Benefit Corporation. The updated bid offers $27 per share in cash for all outstanding common stock not already owned by Danone. This marks an increase from Danone’s earlier […]