BRIEF-Danone S.A. - Danone North America PBC Sent Second Letter To Lifeway Foods In Order To Express Disappointment In Board’s Response To Initial Proposal

Reuters

2024-11-15

Nov 15 (Reuters) - Lifeway Foods Inc :

* DANONE S.A. - DANONE NORTH AMERICA PBC SENT SECOND LETTER TO LIFEWAY FOODS IN ORDER TO EXPRESS DISAPPOINTMENT IN BOARD’S RESPONSE TO INITIAL PROPOSAL

* DANONE S.A. - LETTER TO LIFEWAY FOODS REITERATE DANONE NORTH AMERICA PBC’S STRONG COMMITMENT TO THE PROPOSED TRANSACTION

* DANONE SA - IN UPDATED PROPOSAL, DANONE NORTH AMERICA PBC INCREASED OFFER FOR PROPOSED TRANSACTION FROM $25.00 PER SHARE TO $27.00 PER SHARE

* DANONE SA - INTEND TO ENGAGE IN DISCUSSIONS WITH LIFEWAY FOODS REGARDING TERMS OF PROPOSED TRANSACTION

* DANONE SA-PROPOSED DEAL WOULD BE WHOLLY FUNDED IN CASH FROM EXISTING CASH RESERVES OF REPORTING PERSONS,NOT CONTINGENT ON ANY FINANCING REQUIREMENTS

Source text: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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Danone North America PBC Sent Second Letter To Lifeway Foods In Order To Express Disappointment In Board’s Response To Initial Proposal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-11-15 22:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Nov 15 (Reuters) - Lifeway Foods Inc   :</p><p>   * DANONE S.A. - DANONE NORTH AMERICA PBC SENT SECOND LETTER TO LIFEWAY FOODS IN ORDER TO EXPRESS DISAPPOINTMENT IN BOARD’S RESPONSE TO INITIAL PROPOSAL</p><p>   * DANONE S.A. - LETTER TO LIFEWAY FOODS REITERATE DANONE NORTH AMERICA PBC’S STRONG COMMITMENT TO THE PROPOSED TRANSACTION</p><p>   * DANONE SA - IN UPDATED PROPOSAL, DANONE NORTH AMERICA PBC INCREASED OFFER FOR PROPOSED TRANSACTION FROM $25.00 PER SHARE TO $27.00 PER SHARE</p><p>   * DANONE SA - INTEND TO ENGAGE IN DISCUSSIONS WITH LIFEWAY FOODS REGARDING TERMS OF PROPOSED TRANSACTION</p><p>   * DANONE SA-PROPOSED DEAL WOULD BE WHOLLY FUNDED IN CASH FROM EXISTING CASH RESERVES OF REPORTING PERSONS,NOT CONTINGENT ON ANY FINANCING REQUIREMENTS</p><p>Source text:    Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LWAY","symbol_name":"来福威食品","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2483371767","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483371767","pubTimestamp":1731680073,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"Nov 15  - 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