ICYMI: Drama in the Dairy Industry
May 16, 2025
17 min
Full
4,729 of 5,353
May 16, 2025
ICYMI: Drama in the Dairy Industry
0:00 / 17:41
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17:41This episodeICYMI: Drama in the Dairy Industry
Summary
<p>Julie Smolyansky, Chairperson of the Board, President and CEO of Lifeway Foods discusses what she considers to be a hostile takeover attempt by dairy-product maker Danone, which has been among Lifeway's major shareholders for more than 25 years.<br />Danone responded in a statement issued to Bloomberg that "there is no ‘raid’ or ‘hostile bid,’ since Lifeway's board decided in November 2024 to reject Danone's highly attractive $27-per-share acquisition proposal, depriving Lifeway's shareholders of a very significant premium."</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>
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