Lifeway Rejects Danone Buyout, Implements 'Poison Pill'
Lifeway Rejects Danone Buyout, Implements 'Poison Pill' <https://www.law360.com/mergersacquisitions/articles/2257187?nl_pk=a34c25b5-f021-4515-a5f9-06e53584a502&utm_source=newsletter&utm_medium=email&utm_campaign=mergersacquisitions&utm_content=2024-11-06&read_main=1&nlsidx=0&nlaidx=11> By Al Barbarino Illinois-based fermented foods maker Lifeway Foods Inc. said Tuesday it has rejected a roughly $283 million offer from Danone North America PBC to buy the remaining stake it doesn't own in the company, and Lifeway has also implemented a so-called poison pill strategy to prevent Danone from prevailing. Read full article » <https://www.law360.com/mergersacquisitions/articles/2257187?nl_pk=a34c25b5-f021-4515-a5f9-06e53584a502&utm_source=newsletter&utm_medium=email&utm_campaign=mergersacquisitions&utm_content=2024-11-06&read_more=1&nlsidx=0&nlaidx=11> | Save to favorites » <https://www.law360.com/mergersacquisitions/articles/2257187?nl_pk=a34c25b5-f021-4515-a5f9-06e53584a502&utm_source=newsletter&utm_medium=email&utm_campaign=mergersacquisitions&utm_content=2024-11-06&read_later=1&nlsidx=0&nlaidx=11>
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Gunnar Larson