Lifeway Foods slides after Danone pulls takeover offer (LWAY:NASDAQ)

Lifeway Foods (NASDAQ:LWAY) shares fell 25% premarket on Thursday following Danone's (OTCQX:DANOY) withdrawal of its proposal to acquire the company. In 2024, Lifeway, which supplies kefir and fermented probiotic products, received a proposal from Danone (OTCQX:DANOY) to purchase the ...