Lifeway: Q3 Earnings Snapshot
MORTON GROVE, Ill. (AP) — MORTON GROVE, Ill. (AP) — Lifeway Foods Inc. (LWAY) on Thursday reported net income of $3 million in its third quarter. On a per-share basis, the Morton Grove, Illinois-based company said it had net income of 19 cents. The dairy and cheese company posted revenue of $46.1 million in the period.
The kefir maker’s board of directors has adopted a shareholder rights plan in a bid to avoid a hostile takeover.
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Is Lifeway’s rejection of Danone bid shrewd or a gamble?Lifeway believes Danone’s offer undervalues its business. But will the French dairy giant return to the table?
The Morton Grove-based kefir maker turned down Danone's offer, saying the $25-a-share deal undervalues the company.
Lifeway Foods, Inc. (NASDAQ: LWAY) ("Lifeway" or the "Company"), a leading U.S. supplier of kefir and fermented probiotic ...
Lifeway Christian Resources has made two dyslexia-friendly versions of its Christian Standard Bible (CSB): CSB Grace Bible ...
On Sept. 23, Danone offered to pay some $283 million — $25 per share — to purchase the 76.6% of Lifeway Foods it does not ...
Lifeway Baptist Church opened in Cranberry Township in 2012 as a portable congregation, floating from location to location ...
The keifer maker said its board determined that the “proposal substantially undervalues” the company and was not in the best interest of its shareholders.
According to a Lifeway Research study, around four in five U.S. adults who attend a Protestant church in a typical month are ...
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