Brief: Lifeway Foods Rejects Proposal From Danone And Adopts Limited Duration Shareholder Rights Plan

Lifeway Foods

05/11/2024 14:11

Nov 5 (Reuters) - Lifeway Foods Inc  LWAY.O :
    * LIFEWAY FOODS REJECTS PROPOSAL FROM DANONE AND ADOPTS
LIMITED
DURATION SHAREHOLDER RIGHTS PLAN
    * LIFEWAY FOODS INC - RIGHTS PLAN EXPIRES ON NOVEMBER 4,
2025
    * LIFEWAY FOODS INC - BOARD SAYS DANONE'S PROPOSAL
SUBSTANTIALLY
UNDERVALUES COMPANY

Source text:  ID:nPn3pq7qVa 
Further company coverage:  LWAY.O 

 (Reuters.Briefs@thomsonreuters.com)