Lifeway Foods, Inc. (LWAY) News
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Latest LWAY News From Around the Web
Below are the latest news stories about LIFEWAY FOODS INC that investors may wish to consider to help them evaluate LWAY as an investment opportunity.
Lifeway insists Danone investor agreement “invalid”Lifeway responds to Danone’s claims the kefir maker broke a shareholder agreement between the two companies. |
Lifeway Foods Reaffirms Rejection of Danone's Takeover OfferLifeway Foods (LWAY) said Monday that its board has responded to a recent letter sent by investor Da |
LIFEWAY FOODS RESPONDS TO LETTER FROM DANONE REAFFIRMING REJECTION OF UNSOLICITED TAKEOVER OFFER AND THAT 1999 STOCKHOLDER AGREEMENT SHOULD BE VOIDED FOR VIOLATING ILLINOIS LAWLifeway Foods, Inc. (NASDAQ: LWAY) ("Lifeway" or the "Company"), a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, today announced that its Board of Directors (the "Board") has responded to the December 30, 2024 letter sent to Lifeway by Danone North America PBC ("Danone") reaffirming that the Company rejected Danone's offer to acquire the Company because it severely undervalues the Company, based on analysis by the Company's independent financial and l |
Lifeway broke investor deal with CEO share award, Danone claimsAn investor in the US kefir maker, Danone argues Lifeway’s award violated their shareholder agreement. |
Danone accuses Lifeway of allowing its CEO to engage in ‘self-dealing’ and ‘value destruction’The France-based company, which is offering to buy the kefir producer, plans to file a lawsuit claiming its top executive and board have breached their fiduciary duties to shareholders. |
Undiscovered Gems in the US Market for December 2024In the last week, the United States market has stayed flat, but it is up 27% over the past year with earnings expected to grow by 15% per annum over the next few years. In this environment, identifying undiscovered gems involves finding stocks that not only align with these growth trends but also possess unique qualities that set them apart from more widely recognized options. |
RAM Smid Composite’s Top gainer: Lifeway Foods (LWAY)Rewey Asset Management, an investment management company, released its “RAM Smid Composite” third quarter investor letter. A copy of the letter can be downloaded here. The fund rose 9.83% in 3Q24 and 18.53% year-to-date, outperforming the benchmark, the Russell 2500 Value index, which gained 9.63% in 3Q24 and up 11.27% YTD. The firm constructed its […] |
Lifeway Foods Announces New ProBugs Organic Kefir Distribution in More than 250 Harris Teeter StoresLifeway Foods, Inc. (Nasdaq: LWAY) ("Lifeway" or "the Company"), a leading U.S. manufacturer of kefir and fermented probiotic products, announced the distribution of its ProBugs Organic Kefir for kids at more than 250 Harris Teeter retail stores. The featured flavors include Strawnana and Goo-berry ProBugs, available in single-serve pouches. |
Lifeway Foods open to potential sale despite rejecting Danone offersLifeway's board is “not opposed to the sale of the company at any price”, the US kefir maker has said. |
Sector Update: Consumer Stocks Rise in Late Afternoon TradingConsumer stocks advanced late Tuesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) up 0. |