Lifeway Foods largest holders urge the company to negotiate with Danone

seekingalpha
08 Nov 2024

John Parra/Getty Images Entertainment

The two largest holders of Lifeway Foods (NASDAQ:LWAY) are calling for the board of the maker of Kefir products to reconsider Danone's (OTCQX:DANOY) $25 a share offer.

Edward and Ludmila Smolyansky, the brother and sister of Lifeway CEO Julie Smolyansky, want the company to

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