Dairy giant Danone last week increased its offer to buy the remaining stock it doesn’t already own in Lifeway to about $307 million, or $27 a share, up from an earlier $283 mill ...
The dairy company said the revised $27 a-share proposal “substantially undervalues” its business and that it is committed to unlocking additional value for shareholders.
in March. As part of the acquisition, the company also took control of Rao’s Homemade Italian food brand and Michael Angelo’s frozen entrees. Since the yogurt category is not core to Campbell ...